Payment
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Contractors applaud HS2 decision to use project bank accounts
UK contractors praise HS2 payments move as a massive boost for SMEs. -
Labour peer introduces new bill to tackle unfair payment
New parliamentary bill tabled to tackle unfair payment practices in the construction sector. -
Pay suppliers on time or risk losing contracts, says minister
Construction industry leaders reminded that tough new rules on paying their suppliers on time are due to come into force in September. -
High insolvency rate demands urgent action on payment, says SEC Group
Insolvencies in the construction industry are running at their highest rate since the recession. -
Leading construction industry firms suspended over late payment
Several industry big hitters are amongst a number of construction firms sanctioned for not paying their suppliers on time. -
Pay up on time or risk losing public contracts, government warns contractors
In a fresh warning on the issue of prompt payment, suppliers face the prospect of losing out on public contracts if they fail to clean up their act. -
Payment times for UK major contractors revealed
While improvements have been made since last July, the latest data shows there is "still work to be done" on the issue of payment. -
Mass MP support for late payer fines
Almost three-quarters of MPs have backed reform plans to tackle the scourge of late payments to suppliers. -
Calling time on late payment requires more than just regulation
Government needs to implement stronger punishments and do more than just regulation to eradicate industry late payers, Ben Jackson argues. -
Five-day payment rule pledged by ministers in attempt to clampdown on late payers
The government is keen to end late payments to small businesses and is promising five-day terms in its latest push.