Boyes Rees Architects collapses due to late payments

credit management
Boyes Rees Architects collapses due to late payments 27th September 2019. James Salmon, Operations Director. Boyes Rees Architects, a Welsh architecture practice  has ceased trading under the burden of late payments, leading to the loss of 40 jobs. Boyes Rees
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Construction industry output drops to a decade low

Business
Construction industry output drops to a decade low 4th September 2019. Credit Managers who supply to the construction industry will want to take note of the latest market data. The UK construction industry is contracting and combined with the latest
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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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