Finance & Legislation
BCIS issues five-year construction industry forecast
11 Jul 24
Building costs will increase by 15% over the next five years according to the latest construction forecast data from the Building Cost Information Service (BCIS).
Why Invoice Finance works for construction companies
23 May 24
Construction is a cashflow-critical industry, and that’s the primary reason why Invoice Finance, a way of releasing the value of unpaid invoices, works so well.
Third of construction firms surveyed worry they won’t last the year
8 May 24
More than a third of construction firms are concerned they won’t be able to trade into 2025.
Government awards grant for home retrofits
1 Feb 24
A new project to develop an innovative point-of-sale finance technology solution for residential retrofit decarbonisation has been awarded almost £1.8m in government funding
Construction sees most insolvencies
31 Jan 24
The construction sector is experiencing the highest number of insolvencies of any industry in the UK.
Public funding for ProjectPay’s payments solution
17 Jan 24
ProjectPay provides payment protection contractors across the building supply chain.
Sustained slump in activity since September
15 Jan 24
The latest PMI® data has been released looking at construction activity over the last month.
Third party red flags: how developers can avoid reputational damage
31 Jul 23
There are a plethora of risks that developers might face when seeking to deliver a project via a third-party contractor.
£100M export opportunities for Zanzibar infrastructure
12 Jul 23
Infrastructure upgrades to Zanzibar, Tanzania, will provide UK exporters with some £100M of opportunities,
Construction firms fined nearly £60M for bid rigging
5 Apr 23
Ten construction firms have been fined almost £60M by the CMA for illegally colluding to rig bids.
