Tag : late payments
Despite continued uncertainty over how Brexit will impact trade, regulations and the construction supply should it go ahead as scheduled at the end of this month, the UK HVAC industry must undergo significant change to adapt to a changing global market place.
Government threats to proceed with a ‘no deal’ Brexit on 31 October would be potentially “horrendous” for the HVAC sector, broader business and people dependent on their success if realised, a key industry body has warned.
November’s H&V News asks if enough is being done to support more sustainable and efficient heating and what role offsite manufacturing, financial incentives and legislation may play in realising any revised low carbon ambitions on the back of a landmark climate change report.
Amendments to the role of the UK small business commissioner to penalise late payments and improve transparency within supply chains will be the subject of an upcoming government consultation.
The Specialist Engineering Contractors’ (SEC) Group has said commitments by chancellor Phillip Hammond to issue a call for evidence over tackling the issue of late payments will be cautiously welcomed in the construction industry.