27th June 2018

Construction subcontractors write of £2.8bn of ‘bad debt’

Late and non-payment of invoices continues to hamper small subcontractors in the construction industry, according to new research from Bibby Financial Services (BFS). The multinational company found that UK subcontractors write off around £2.8bn in […]
23rd May 2018

Carillion driven off cliff by greedy directors

MPs have blamed Carillion’s directors for the construction and outsourcing company’s collapse, which left thousands of sub-contractors in serious financial difficulty. Two committee’s of MPs criticised the firm’s “rotten corporate culture” suggesting that their downfall […]
22nd January 2018

What to do if Carillion owes your business money

Carillion was forced into liquidation last Monday putting thousands of contractors and small businesses in an uncertain position. Industry groups and business analysts are concerned that Carillion’s collapse could send shockwaves through the economy, causing […]