Payment delays worsening in construction

Small construction businesses have had to wait an average of 42 days for payment during the last year according to research by business finance specialist Funding Options. This figure, the firm says, is up from just over 40 days on average five years ago and has been exacerbated by the fall of Carillion.

To read more of this and every other news story on this site, please log in with your Construction Law membership account details. If you don't have an account, you can get free access to the news on this site and receive a free newsletter on Fridays by creating a Newsletter account. See the panel to the right.

Subscribers to the printed magazine get access to the entire Construction law website.