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Proposed New Powers for Late Payments

NEW PROPOSALS to help small businesses get paid on time have been announced by Small Business Minister Paul Scully today (1 October). Currently £23.4 billion...

Businesses Hit by Rise in Late Payments

A LATE PAYMENTS surge is being faced by UK businesses, with the Covid-19 pandemic causing problems both in getting paid – and paying. According to...

Late Payment: Not an Industry Problem but a Company One?

Here, the National Federation of Builders argues that the late payment problem should not need a construction industry-wide solution and that individual companies need...

Late Payments Targeted With New Legislation

NEW LEGISLATION TO TACKLE late payments to small businesses “once and for all” is set to be introduced to Parliament by a Labour Lord...

Industry Fury Over Government’s Late Payment Announcements

THE CONSTRUCTION INDUSTRY has reacted with fury to the government's decision to allow companies to pay up to one in four of their suppliers...

Construction Dies While the Worthies Bicker

blog by Barry Ashmore, Streetwisesubbie.com At the end of 2017 I wrote a piece which said: “If one of the major contractors went bust tomorrow,...

New Research shows Small Construction Firms Under Threat Due to Late...

The investigation revealed over 70% of small construction firms are on the brink of bankruptcy or liquidation with rising numbers of construction business owners...