Build UK’s update the industry amid the covid-19 outbreak
Cash flow remains a key issue for the construction supply chain as the industry recovers from the impact of coronavirus. A new shows that compliance with prompt payment rules on central government contracts has increased significantly since a new policy was introduced almost a year ago requiring suppliers to pay 75% of their invoices within 60 days. The government is intending to raise the requirement to 95% over time, and more than half of Government spending in 2019 was with suppliers that met this target, up from less than a third in 2018. On average, Build UK Contractor members pay 92% of their invoices within 60 days, and the latest payment results for more than 100 of the industry’s largest companies can be found on the .
The government is keen to support SMEs recovering from the effects of coronavirus and is investing £20m in two free training programmes:
- The , which will be delivered virtually over 10 weeks, will equip business leaders with confidence and leadership skills
- The will help business owners that want to grow and develop their businesses to improve their problem-solving skills by focusing on common business issues.
The Scottish Environment Protection Agency (SEPA) is leading a UK-wide project to develop a aimed at tackling the illegal disposal of waste. The project is looking for contractors to assist in trialling the system and interested companies can sign up to the .
The government’s is constantly under review, and Belgium, Andorra and The Bahamas have recently been removed, meaning passengers arriving in England from these countries must now self-isolate for 14 days. From today (11 August 2020), Brunei and Malaysia have been added and people can arrive without having to self-isolate.
Transport for London (TfL) has updated its , setting out the latest travel advice for the workforce on sites across London, now that more workplaces are opening up.
Businesses should continue to follow the most up-to-date and for the latest updates please follow Build UK on and . If you have any construction-specific queries or feedback on what is happening within the industry, please contact Build UK.
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