CJ Construction Blog

Re-open our credit lines

In the next few weeks we will hear a lot about what Alistair Darling should be doing to stimulate construction work in his Budget. Yet with growing consensus in the business world that Britain is already spending too much, it...

Posted by Aaron Morby on April 1, 2009 10:57 AM

Credit insurance is construction's latest enemy

At last,the big banks are making a genuine attempt to ease the credit squeeze that threatened to strangle many smaller contractors of cash to pay suppliers and workers. This is long overdue good news for contractors, even if the message...

Posted by Aaron Morby on January 13, 2009 4:03 PM

More contractors face ruin if banks keep refusing credit

A few weeks ago Contract Journal highlighted the plight of thousands of cash-starved contractors facing ruin because banks have frozen credit lines and closed overdraft facilities. This week that funding crisis has ratcheted up a painful notch as we report...

Posted by Will Mann on December 2, 2008 3:22 PM