19
05 '26
Late payment has long been a major issue across the construction industry – particularly for small and medium-sized businesses and subcontractors – often creating significant pressure on cash flow and overall financial stability.
That is why the government’s proposed Small Business Protections Bill is attracting significant attention across the sector. The Bill, which entered Parliament today (19th May), is being described as the biggest crackdown on late payments in more than 25 years. Keep reading this week’s blog to find out more about what the proposed changes involve and what this means for construction and the wider economy.