Late payments retentions Ellis Fox Blog

Will the hard line on late payments turn construction around?

Ever since the collapse of Carillion in early 2018, retentions and late payments in the construction industry have been a topic of heated debate. Both have a domino effect on the supply chain, with subcontractors and smaller contractors being the hardest hit. 2019 hasn’t been a positive one for construction in terms of output, yet…

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