Late payment – something’s got to give

Being paid late is the curse of millions of small and medium-sized construction businesses across the UK. Steps have been made by the Government and industry bodies to provide a fairer system for these businesses. Gary Turner, co-founder of Xero the UK’s leading cloud accounting software, tells us about the problem.

In April, there was talk in Parliament of a Bill being introduced to ring-fence payments to subcontractors in an effort to avoid what happened with Carillion. But will this do...

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from Riverdale Bespoke Joinery | Home Improvement | Construction News https://www.ukconstructionmedia.co.uk/features/late-payment/
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