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Retentions ban bill to be tabled in Parliament today

Construction News UK May 19, 2026 · 11:40 am Read Original

Pessimistic -22.5

−100 Bearish 0 +100 Bullish

The government is formally introducing legislation today that would ban retentions under construction contracts as part of a wider crackdown on late payments to small firms. The Small Business Protections Bill, officially known as the Commercial Payments Bill, would also cap payment terms at 60…
The post Retentions ban bill to be tabled in Parliament today appeared first on Construction News.

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Generated by Pulse AI, Glideslope's proprietary engine for interpreting market sentiment and economic signals. For informational purposes only — not financial advice.

Source Construction News UK

Published May 19, 2026 · 11:40 am

Article ID sy05isy

Original URL Open source

Pessimistic -22.5

−100Neutral+100

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