Late Payments Archives

Average tradesperson currently chasing £7,000 in late payments | Direct Line

|Date: 8 March, 2023

Average tradesperson currently chasing £7,000 in late payments | Direct Line

New research from Direct Line business insurance reveals tradespeople are currently owed on average £6,98 ...

New research from Direct Line business insurance reveals tradespeople are currently owed on average £6,984 which is past the due date for payment. Late payments are a longstanding issue and many trade ...

8 March, 2023
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Scottish construction industry still blighted by serious payment and cashflow issues, CICV survey reveals

|Date: 21 February, 2023

Scottish construction industry still blighted by serious payment and cashflow issues, CICV survey reveals

Construction businesses in Scotland are still suffering the scourge of late payments, outstanding retenti ...

Construction businesses in Scotland are still suffering the scourge of late payments, outstanding retentions and unexpected charges, a new survey by the Construction Industry Collective Voice (CICV) h ...

21 February, 2023
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“Game-changing” payment platform for UK trades industry launches

|Date: 17 September, 2021

“Game-changing” payment platform for UK trades industry launches

A new online platform that protects tradespeople from late and non-payments has launched nationwide makin ...

A new online platform that protects tradespeople from late and non-payments has launched nationwide making it the first company in the world to bring peer-review escrow services to the trade industry. ...

17 September, 2021
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Business owners depressed and suicidal due to late payment

|Date: 21 November, 2019

Business owners depressed and suicidal due to late payment

Industry-wide survey shows impact of late and unfair payment on mental health in construction A remarkabl ...

Industry-wide survey shows impact of late and unfair payment on mental health in construction A remarkable nine out of 10 business owners across construction suffer a range of mental health issues due ...

21 November, 2019
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