Nine out of ten bosses in the construction sector have suffered mental health issues caused by late payment. The findings come from a survey jointly organised by the Building Engineering…
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Another large number of construction companies have been suspended from the Prompt Payment Code for failing to pay suppliers on time an issue that has ben highlighted by Nationaltradesmen.co.uk. Among…
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Laing O’Rourke changes subbies payment terms and causes havoc as many suppliers and subcontractors have received no payment and none were informed of the change many of which were on weekly…
Read MoreWillmott Dixon has announced that it will introduce an early-payment scheme for suppliers. Subcontractors will be charged 2% interest on their money so they can receive payments two weeks ahead…
Read MoreSubbies have overwhelmed the government with calls recagrding govement contacts and late payments by large contractors like Cariilion and Mitie about their procurement process. The mystery shopper line which enables…
Read MoreLeaders of pressure group StreetwiseSubbie have had their new charter endorsed by MPs looking into the continuing curse of late payments within the construction industry. Spokesman Barry Ashmore said: “Allowing…
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