L

Lord Johnson of Lainston (Con)

Speaking in the House of Lords on 10 September 2024

Debate

Construction Sector: Cash Retentions

Contribution

My Lords, late payments in the construction sector hold developments back significantly, which hinders progress on the delivery of new homes. The previous Government took strong action on this and published a payment and cash flow review in November 2023. What assessment have the Government made of the impact of cash retention on housing delivery, and will the Minister commit to continuing the excellent work of the previous Government to tackle this issue?

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