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