Skip to main content
HOMEPAGE ADVERTS
HOMEPAGE ADVERTS
News
06 Mar 20201 minute read

Survey: late payment still an issue

ECAtoday
Survey: late payment still an issue

According to new data published in Building, three-quarters of the UK’s 100 largest contractors have shown no significant improvement on payment times in the past two years.

The research, undertaken by insurance broker M&DH, found that only one in four of these contractors had improved payment times by over four days since 2018.

Richard Hames, managing director of M&DH, a broker that specialises in the construction sector, said, “The construction sector still has a problem with late payment.”

HOMEPAGE ADVERTS

Are you up to date with ECAtoday magazine?

ECAtoday is the official magazine of ECA and reaches thousands of people within the electrotechnical and engineering services industry. To receive your print copy of the magazine, click 'Subscribe to Print' and provide a suitable mailing address.