cash retentions

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The UK construction industry’s financial crisis- with some large contractors in severe financial distress – has prompted a Conservative MP to act. Peter Aldous, MP...
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Research into the practice of cash retentions in the construction industry has found that an estimated £7.8 billion of retentions has been unpaid across...
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MPs have urged the Government to reveal how they are going to deal with cash retentions, an issue affecting the livelihood of small firms...
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An analysis of the accounts of the UK’s top 12 construction companies has revealed that the nine which published separate figures for retentions are owed...

One of the themes in the Enterprise Bill relates to payment practices with the small business commissioner being tasked with adjudicating payment complaints against...
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Calls for cash retentions to be placed in a ring-fenced or protected account so they are not misused have been made by Professor Rudi...
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Barrister Professor Rudi Klein explains the term ‘putting retentions into trust’ and gives an overview of some recent developments concerning these cash retentions. It is...
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Despite wobbles in the Eurozone and the looming general election, the recovery continues to take place. Yet there are still concerns about the future...
Specfinish - news about drywall, ceilings, insulation and screeding
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Research from the Specialist Engineering Contractors’ (SEC) Group has shown that 38 % of public sector clients make late payments to tier 1 contractors  and the public...