Chancellor of the Exchequer, Philip Hammond, has promised to address the scourge of late payments from large companies to smaller businesses as part of his spring statement.

Responding to the statement, chief executive of the Federation of (Ophthalmic and Dispensing) Opticians (FODO), David Hewlett, said he ‘welcomed the Chancellor’s promise to eliminate the scourge of late payments’.

He added: ‘Let us hope this also applies to the NHS, where the catastrophic failure by NHS England and Capita to deliver NHS optical payments has had serious consequences for our members and needs to be addressed by the government with the utmost urgency.’