Late payment Archives - Professional Builders Merchant https://professionalbuildersmerchant.co.uk/tag/late-payment/ the latest news and business info for UK builders merchants Mon, 30 Mar 2026 15:22:37 +0000 en-US hourly 1 Industry support for “tough new action on late payments” https://professionalbuildersmerchant.co.uk/news/industry-support-for-tough-new-action-on-late-payments/ Tue, 31 Mar 2026 10:00:28 +0000 https://professionalbuildersmerchant.co.uk/?p=41226 In a move that should have positive benefits for the merchant sector, the FMB and the NFB have both expressed their support for the Government’s “late‑payment crackdown”.

In a move that should have positive benefits for the merchant sector, the FMB and the NFB have both expressed their support for the Government’s “late‑payment crackdown”.

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]]> Direct Line research reveals concerning extent of late payments to UK tradespeople https://professionalbuildersmerchant.co.uk/news/direct-line-research-reveals-concerning-extent-of-late-payments-to-uk-tradespeople/ Mon, 14 Oct 2024 07:30:02 +0000 https://professionalbuildersmerchant.co.uk/?p=31973 With implications for the merchant sector and the wider building materials supply chain, new research from Direct Line business insurance reveals that 81% of tradespeople are owed money and are currently chasing late payments from customers averaging over £6,000 (£6,210).

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