Construction: Finance

(asked on 14th November 2016) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of progress on the Wolstenholme review of cash retentions in the construction industry; when he expects that review to be completed; and if he will make a statement.


Answered by
Nick Hurd Portrait
Nick Hurd
This question was answered on 21st November 2016

The review of cash retentions forms part of the Construction Leadership Council’s supply chain and business model work stream. The review is being underpinned by independent research in order to generate quantitative data which can be used to develop policy options. It remains the Government’s intention to publish both the research and the consultation papers later this year.

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