Government announces proposed new powers to tackle late payments. James Salmon, 20/06/2019. The Government has again made noises about trying to tackle late payments and break the cycle of the late payment culture in the UK with a range of

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

SME government loan values decline. 03/06/2019. Worryingly, it has been reported that SME government loan values have declined. The value of bank loans being offered to small and medium-sized businesses through the government’s flagship small business lending scheme has dropped

Loophole leaves late payment reporting requirements unfit for purpose 29th May 2019. MPs have pointed out that a loophole in the  late payment reporting requirements means they are unfit for purpose. MPs and SME representatives are calling for legislation designed

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