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Reform and innovation critical as late payments cripple the construction industry
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Reform and innovation critical as late payments cripple the construction industry
Urgent reform and new approaches are needed to tackle construction’s worsening late payments crisis, writes Andreas Mjelde co-founder and CEO of Two The construction industry is a cornerstone of the global economy yet many businesses in the sector are struggling with financial instability and operational inefficiencies. This is mainly due to one specific challenge: late payments. In the UK alone, the construction industry contributes about 7% to…
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