Tag: money

Forum urges vital measures to improve cashflow and save businesses

The CICV Forum has presented Holyrood with a paper of comprehensive recommendations to ease the cashflow crisis as the group continues fighting to save Scotland’s construction sector during the COVID-19 pandemic. The paper, which outlines a series of urgently-needed actions to improve liquidity in the industry, will go to both public and private sector clients, […]

Forum praises HMRC, but says real test is still to come

The Construction Industry Coronavirus (CICV) Forum has hailed the “speed and efficiency” of the Coronavirus Job Retention Scheme rollout – but says the real test will be if all claims are paid on time. The specialist body said the successful launch by HMRC last week could provide a “vital lifeline” to companies across the country. […]

Cashflow piles on agony for businesses, Forum survey reveals

Cashflow has completely dried up for nearly 80% of firms in the construction industry in Scotland, according to businesses which responded to a major survey carried out by the newly-established Construction Industry Coronavirus (CICV) Forum. More than half of firms who took part in the poll also say they’re owed vital monies from public and […]