Housebuilder enters administration

credit management
Housebuilder enters administration 20th August 2019. Housebuilder Newcourt Residential has collapsed into administration, with FRP Advisory, which is handling the administration, saying the company faced “severe cash flow issues” after a challenging period of trading. The news highlights how smaller
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Construction Body, Build UK cut average payment times to 40 days

credit management
Construction Body, Build UK  cut average payment times to 40 days Build UK members are continuing to improve the payment times for suppliers with the average time taken to settle bills by contractors  having fallen to 40 days. That represents
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Business News for those selling on Credit

Brexit
Business News for those selling on Credit 30th July 2019. Threat of no-deal sends pound to 28-month low A hardening of rhetoric from the Boris Johnson government over Brexit pushed the pound to a 28-month low against the dollar on
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Construction output suffers steepest decline since 2009.

Business
Construction output suffers steepest decline since 2009. Builders have suffered the sharpest slump in more than a decade as new orders for homes, commercial property and civil projects all fell last month. UK Businesses are delaying new construction projects or
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Britain’s oldest builder folds.

Business
Britain’s oldest builder folds. 03/07/2019. Britian’s oldest builder has folded as a business (sadly, not just his arms as our picture suggests). R Durtnell & Sons Limited, Britain’s oldest builder is no more having issued notices to all known creditors
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