Build UK Daily Update
Source - Build UK
Build UK and a number of its Trade Association members met with Paul Scully, Minister for Small Business, Consumers and Labour Markets, yesterday to discuss regulatory changes and other issues that would support SMEs during and after the coronavirus (COVID‐19) crisis. The Minister recognised the value of SMEs, stating that
“people will look back on this time and ask businesses what did you do to support your supply chain and community during the coronavirus pandemic”.
Build UK Chief Executive Suzannah Nichol was one of five representative organisations invited to speak on behalf of small businesses and requested the Minister’s support for the following:
- Permission to Work
- Reiterate the message that construction companies of all sizes are being asked to continue their operations alongside the Government’s ‘stay at home’ policy
- Provide clarity on the work that tradesmen are able to carry out in people’s homes
- Increase capacity on public transport, providing a safe way to travel to work.
- Liquidity and Cash Flow
- Ensure banks are efficiently processing Government‐backed loans
- Delay or stop the introduction of Reverse Charge VAT in October 2020
- Stop the withholding of retention monies by the public sector and release retention monies currently withheld
- Effectively and consistently implement PPN 02/20 across all public authorities.
- Maintaining Productivity
- Confirm and accelerate public sector construction work in the pipeline
- Ensure planning departments remain operational
- Agree extended working hours for construction projects
- Introduce flexibility into the furlough scheme.
The Construction Leadership Council (CLC) has researched the impact of the Government‐backed loan schemes, with the support of Build UK Alliance member, the Institution of Civil Engineers (ICE), which has published a short report. A number of the recommendations designed to improve the various schemes have already been taken forward, including the launch of the Bounce Back Loan Scheme for small businesses from 4 May 2020.
Further Information
Following an excellent response to Build UK’s Materials & Accommodation Survey, it will now remain open until 5:00pm today. Please take a few moments to share your demand for materials, products and accommodation to help us open up the supply chain.