§ Mr. Cotter
To ask the Secretary of State for Trade and Industry what reports he has received from the late payment monitoring unit at Bradford University since the implementation of the first stage of the Late Payment of Commercial Debts (Interest) Act 1998. 
§ Mr. Wills
[holding answer 20 July 1999]: The Credit Management Research Centre, based at Leeds University Business School since July 1998, has produced two "Credit Management Quarterly Review Results Bulletins" since the implementation of the first phase of the Late Payment of Commercial Debts (Interest) Act in November 1998. They have covered the periods October 1998 to December 1998 (published in March 1999) and January 1999 to March 1999 (published in June 1999) respectively.
The Quarterly Reviews report on and analyse payment and credit trends and specific topical issues, including the introduction of the late payment legislation. My officials keep in close touch with the work of the Centre.