Posts tagged with ‘Construction supply chain’

  • Carillion collapse adds urgency to resolving retentions issues

    By Debbie Eales on January 15, 2018
    The liquidation of construction giant Carillion could lead to potentially catastrophic losses for thousands of SMEs, according to the Building Engineering Services Association (BESA) and the electrotechnical and engineering services trade body ECA. According to its latest set of accounts, Carillion was holding over £800m in retentions payments owed to sub-contractors. There is growing alarm that much of this money […]