Finance & Legislation

Crack down on late payments in major support package for small businesses


The government has unveiled new measures to support small businesses and the self-employed by tackling the scourge of late payments.

BESA calls for ‘tough and rapid response’ to ISG chaos


BESA has urged the government to act quickly in response to the collapse of main contractor ISG.

BCIS issues five-year construction industry forecast


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


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


More than a third of construction firms are concerned they won’t be able to trade into 2025.

Government awards grant for home retrofits


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


The construction sector is experiencing the highest number of insolvencies of any industry in the UK.

Public funding for ProjectPay’s payments solution


ProjectPay provides payment protection contractors across the building supply chain.

Sustained slump in activity since September


The latest PMI® data has been released looking at construction activity over the last month.