Managing Cash Flow in Construction

Managing Cash Flow in Construction

The construction industry is notorious for its poor payment practices, with SMEs reportedly owed £30bn in unpaid invoices. Whilst the government has tried to tighten up the Prompt Payment Code, and payment practice reports have cast a light on contractor speed, late payments continue to be a major challenge facing construction SMEs. Then came coronavirus. […]

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New Covid Support Measures Announced

New Covid Support Measures Announced

There has been much anticipation as to how the government plans to support businesses and furloughed workers when the job retention scheme ends. 721,000 construction workers were in furlough during the peak of the scheme, with claims adding up to £3.2bn by the end of July. With tighter restrictions once again back in place, there […]

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Tradesmen Opportunities from Home Improvement Month

Tradesmen Opportunities from Home Improvement Month

Coronavirus has placed increased pressure on the Repair, Maintenance and Improvement sector. However, September is National Home Improvement Month and a great opportunity for tradespeople to secure work. Take a look at the opportunities you have to help people love the homes they live in. Kitchen Renovation Can you bake a living from a kitchen […]

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A Builders’ Guide to Insurance

A Builders’ Guide to Insurance

Building work is risky business. You could cause damage to a property whilst completing a renovation project or an employee could fall off some scaffolding and injure themselves. So whether you’re a self-employed contractor or the owner of your own building company, you need adequate business insurance to cover you for the risks associated with […]

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Homes England and Invest & Fund Partnership

Homes England and Invest & Fund Partnership

A seven year partnership between Homes England and Invest & Fund aims to get SME developers building again. Homes England will make loans of between £400,000 and £2.5m available to small builders through development finance lending platform, Invest & Fund. Applications opened with Invest & Fund on 9th September. Funding is available for projects of […]

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Bids Open for the Affordable Housing Programme

Bids Open for the Affordable Housing Programme

Private developers, councils, and housing associations will this week be invited to bid for their share of the government’s £12.2bn Affordable Housing Funding. First unveiled in the Budget earlier this year, the funding includes £700m for new homes through the 2016 to 2022 programme. An £11.5bn programme has also been announced today, which will see […]

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Opportunities for the SME Market to ‘Build, Build, Build’ after the Pandemic

Opportunities for the SME Market to ‘Build, Build, Build’ after the Pandemic

Opportunities for the SME Market to ‘Build, Build, Build’ after the Pandemic Changes and Opportunities in Construction SMEs account for 99% of the UK business population and of that, nearly a fifth of them operate within the construction industries. It is no surprise then that the Prime Minister has placed the industry at the heart […]

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An Electricians’ Guide to Insurance

An Electricians’ Guide to Insurance

Insurance for electricians There are hazards around every corner for those working as an Electrician. Exposed sockets and live wires are a risk not only to yourself and your customers, but also members of the public who may be present whilst you work. If someone was to be injured or their property was damaged as […]

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