Industry Bodies Demand End For Retentions 25th January 2018. Main contractors and clients are backing the campaign to end retentions in construction. These payments, which are withheld by firms to motivate contractors to return to work, are rarely returned and occasionally used

Carillion Suppliers Provided Some Respite as Insurers Pay Up! 25th January 2018.  Suppliers of the collapsed construction giant, Carillion, are finally seeing some relief as insurers are finally handing over the cash. Insurers have said they will pay more than

Carillion Crisis Victims Demand Cure For ‘Late Payment Epidemic’ 24th January 2018. Carillion’s collapse has exposed the ineffectual attempts by government and industry to tackle Britain’s “late payment epidemic”. The construction giant fell into liquidation last week, leaving behind sizeable

National Audit Office report lays bare the background to private finance deals. 23rd January 2018. “There are currently over 700 operational private finance initiative (PFI) and private finance 2 (PF2) deals in Britain, with a capital value of around £60

SMES To Be Hit Hard By Credit Card Fees Ban 22nd January 2018. New laws from the EU last week barred firms from charging extra fees for credit card transactions. This has had a negative impact on small businesses who are still