Trade businesses are owed on average over £2,000, Trades United plans a van protest in June and weekly wages rose in April
Over half of tradespeople have seen an increase in late payers over the last year — that’s according to research from Direct Line Group.
In the survey of 500 trades, 68% said they were chasing late payments, while nearly a quarter claimed they had four or more outstanding invoices.
On average tradies have written off over £1,600 in the last year as bad debt.
With trade businesses now owed on average £2,000, some firms have started asking clients for proof of funds before starting work.
Or even asking for half payments up front and the balance before completion.
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Trades United is organising another van rally on the 4th of June.
This time, it is asking tradespeople to converge outside the Romford Magistrates’ Court to show the legal system, the media, and the public that “tool theft is not a minor offence.”
The protest is aimed to coincide with the appearance in court of two individuals accused of tool theft-related offences.
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Average weekly earnings for self employed construction workers in April rose by just 2.3%.
The figures from Hudson Contract indicate average weekly earnings of just over £1,000.
The strongest year-on-year increases were in plastering, plumbing and joinery.
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