Late payment by retention is holding the construction sector back

Business
Late payment by retention is holding the construction sector back. 10th June 2019. Late payments of retention money is holding the construction sector back according to a government report. What are retentions The retention system is an industry standard of
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Construction sector slumped in May

Business
Construction sector slumped in May. 05/06/2019. The construction sector slumped last month. Building activity in the UK dropped in May the third time in four months, according to IHS Markit’s latest survey. It represented the sharpest decline in construction output
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Large Constructors warned again over late payments

Business
Large Constructors warned again over late payments. 28th May 2019. Cabinet minister Oliver Dowden has fired another warning at large constructors over late payment at the RICS annual Construction Conference last week, reiterating the government’s get-tough stance on businesses that
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Small business insolvencies on the rise

credit management
Small business insolvencies on the rise. 14/05/2019. Small businesses are increasingly struggling to survive amid challenges caused by difficult market conditions and late payments. New statistics from the Insolvency Service reveal that 4,187 small and medium-sized enterprises became insolvent between
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Dawnus collapse sparks questions

Business
Dawnus collapse sparks questions. 13/05/2019. Auditors for Powys County Council in Wales say that the government should have done more to warn local authorities about financial problems at construction firm Dawnus. Business representatives have urged stronger government protections to ensure
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