Following the collapse of Carillion in January, the Aldous Bill, the largest fair payments campaign ever formed in the UK, now has support from over 200 MPs. The backing comes alongside an unprecedented coalition of over 80 industry bodies and trade associations, representing over 580,000 businesses and sole traders to secure support for reforming cash retentions in construction
The Bill has been endorsed from big political hitters, including MPs John McDonnell, Ken Clarke and Sir Vince Cable. While the bill has secured broad cross-party support, Labour (96) and Conservatives (76) make the majority of parliamentary support.
Peter Aldous MP who introduced 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.”
Alexi Ozioro, BESA Public Affairs & Policy Manager: “I think we will see more MPs getting behind Peter’s Bill. Carillion put late payments in the public view and we have grown a campaign that 76 Conservatives and MPs from every other party all back. We have a great opportunity for industry unity and to finally solve a problem that has plagued the industry, economy and SMEs for far too long.”
Peter Aldous introduced his Bill to put retentions in secure deposit schemes six days before Carillion collapsed. The second reading is due to take place after the party conference season on 26 October.
FMJ and leading FM company Salisbury Group recently brought together a group of senior client-side FMs together to discuss life after Carillion and the future sustainability of FM contracts. To read the article please click here.