Government proposes new powers to tackle late payments

The government will introduce plans for new powers to tackle late payments to small businesses, including a ban on withholding of retention payments, a cap on payment terms and mandatory interest on late payments.

Government proposes new powers to tackle late payments

The government will introduce plans for new powers to tackle late payments to small businesses, including a ban on withholding of retention payments, a cap on payment terms and mandatory interest on late payments.

Read Full Article: The Construction Index