Build UK publishes construction payment performance data
Monday 4th September, 2023
Build UK has collated the latest data on the payment performance of the largest companies in the construction sector and central Government in order to provide transparency for the industry.
This has proved to be an essential catalyst for changing the industry culture around payment and the infographic shows the substantial improvement in performance that has been made.
Since 2018, Build UK's tier one Contractor members have improved significantly across the board.
Liz Barclay, Small Business Commissioner said, “This is a great example of a trade organisation positively influencing payment practices in its sector. This kind of thought leadership drives payment improvements that are so crucial to the survival of small businesses in construction and their ability to grow and thrive.”
The full results can be found here.