Over 200 MPs across all parties have now added their support to a Bill calling for reform to cash retentions in the construction industry.
Bury North MP James Frith was an early supporter of the Bill, speaking on this issue in the aftermath of the collapse of Carillion and putting forward a motion in Parliament on the issue which received the support of dozens of MPs across the House.
The Bill seeks to address the problem of payment delays to small construction firms sub-contracted by big businesses like Carillion and ensure that small businesses get paid fairly and on time.
“The collapse of Carillion was a watershed moment that wasted millions of pounds of public money, halted building schools and hospitals and cost thousands of jobs, putting SMEs at risk having to bear the brunt of a puffed up failed outsourcing company. Government should heed the calls from 200+ MPs and real employers, like those in Bury I am working with to pick up the pieces since Carillion went pop, to ensure damaging practices that led to this collapse aren’t repeated.”
Tory MP Peter Aldous, who proposed the Bill, said:
“I am very encouraged by the support that 200 colleagues across the House have indicated for my Bill and the construction industry; it is an important milestone to have reached. There is more work to be done in persuading Government to adopt the bill, but I am confident that vital momentum is being gained, showing the appetite within Parliament for the Aldous Bill to succeed.”