Latest news

Jan 18 2019

18/01/2019 - Retention Bonds

Retention bonds have always been a contentious subject in the construction sector. The practice of holding retentions on contracts was brought to the forefront by the private sector and Government following the collapse of Carillion in January this year (see…

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Jan 09 2019

09/01/2019 - Working Capital in the Construction Sector

Following the global recession of 2008, the lengthy period of quantitative easing and low interest rates has provided both opportunities and challenges for UK businesses, including the construction sector. The Bank of England responded to the financial crisis of 08…

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Apr 20 2016

20/04/2016 - Attention all importers – changes to HMRC duty guarantee requirements

All companies who import goods into the UK need to be aware of changes to the rules governing HMRC duty guarantees. As a consequence of the Union Customs Code (UCC) there is a requirement for a Customs Comprehensive Guarantee (CCG)…

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Jan 29 2014

29/01/2014 - Construction Products Association forecast growth

The Construction Products Association has recently forecast that growth in the sector is expected to increase by 3.4% this year and by 5.2% in 2015. This is likely to lead to an increase in the demand for bonds and now…

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Nov 28 2013

28/11/2013 - Put your trust in us with confidence

The Financial Services Authority was replaced by the Financial Conduct Authority earlier this year. As part of the transition, all regulated firms were assessed and placed into one of four categories. We are delighted to advise that all companies in…

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