Published on
23rd August 2024
In the world of construction, where timelines stretch over months and sometimes years, managing cash flow can be a challenge. One of the most overlooked aspects in this arena is the retention fund—a small but significant percentage of the contract value held back by the main contractor. This practice, while common, often leads to large... Continue
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Published on
It’s no secret that the surety market has hardened and we are currently experiencing a contraction of capacity, restriction of acceptable wordings and underwriters, and their reinsurers, are being far more risk adverse than previously. With this in mind, we spoke to our friends over at Attis Credit Solutions about the impact the changes in... Continue
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Published on
20th August 2024
Insights from the latest insolvency statistics released by The Insolvency Service for July 2024. These figures offer a valuable look at the current insolvency landscape in the UK and can help your business navigate these challenging times. Key Highlights from July 2024: Total Company Insolvencies: There were 2,191 company insolvencies in July 2024, reflecting a... Continue
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