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Contractors among the 100 largest in the UK claimed up to £900,000 from the Coronavirus Job Retention Scheme in July. New data from HMRC showed that

Contractors among the 100 largest in the UK claimed up to £1.8m in furlough cash in May, according to analysis by Construction News. New data from HMRC

The UK's largest contractors took up to £3.9m in furlough claims in March, an analysis of new HMRC data has revealed. The total value of claims among

The UK’s largest contractors claimed just over £10m in furlough cash in the three months to the end of February, new figures from HMRC have revealed. Analysis of HMRC’s furlough data found that the combined claims by CN100 contractors totalled up to £3.9m in February, up from a maximum of £3.7m in the previous month. In the three months to the end of February, companies in the CN100 had claimed up to £10m, up from £6.1m in the two months to the end of January. HMRC publishes monthly lists of all UK companies that have placed staff on furlough via their payroll schemes; the figures fo...

In our second major analysis of industry payment-practice reports, Megan Kelly delves into the government data to identify the best and worst payers in the sector. We also look beyond the headline figures to uncover the often complex reasons why some companies appear able to settle their debts more swiftly than others Slow payment has long plagued construction. It comes as no surprise to learn that, in 2020, amid a global pandemic, a national shutdown, and with many companies struggling for cash, poor payment practices have again come to the fore. According to Construction News’s latest ...