4th June 2026 - Credit Connect

86% of construction firms facing serious financial distress

4th June 2026 Commercial Collections and Recoveries | #construction financial risk #late payments

Britain’s construction sector is heading for a cash flow crisis, with firms battling late payments and rising costs on contracts that are now being delivered at a loss, according to new research from UK accountancy and advisory firm Menzies. The firm’s latest report finds that 86% of construction and property firms are already in or…

Majority of workers are not on course for adequate retirement

4th June 2026 Consumer Lending | #retirement living standards

A new report from Pensions UK has warned that most workers are not saving enough for even a ‘moderate’ lifestyle during retirement. The Retirement Living Standards report argues that rising bills have pushed a moderate retirement, priced at £32,700 a year for one person or £45,400 for a couple, further out of reach, with only…

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86% of construction firms facing serious financial distress

Majority of workers are not on course for adequate retirement

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