News Item

Posted: 13th April
By: rlf

Late payment restricts construction growth

Whilst late payment is an ongoing problem for businesses in almost every industry, it has hit the construction industry particularly hard.

According to the findings of a recent survey carried out by BACS Payment Services Limited, late payment is now the single biggest threat to the survival of many construction firms in the UK, with over three quarters of businesses being forced to wait at least a month beyond the...