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Genius Money, keeping you up-to-date with all the latest news.


You will find articles on all the latest regulatory developments, industry-related updates, financial & payroll related news and much much more...

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26Oct
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Builders trade body wants to “deconstruct” CITB

The National Federation of Builders is calling for a fundamental restructuring of the CITB including an end to its levy raising powers. The trade...

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26Oct
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Subcontractors hit out at HMRC over slow VAT repayments

Specialist contractors have hit out at HMRC over the time it takes to reclaim VAT payments following a controversial change in the tax regime earlie...

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12Aug
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Timber shortage due to 'unprecedented' post-lockdown demand

The price of timber has risen sharply with builders struggling to get supplies, as post-lockdown construction and DIY projects create huge demand. ...

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03Aug
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UK construction faces ‘perfect storm’ as supply shortages loom

UK construction is facing a “perfect storm” of growing skills and materials shortages as demand for building reaches record levels driven ...

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19Jul
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Demand for construction workers close to 20 year high

The staff shortage in construction is continuing to bite, with 33,000 job vacancies for the period of April to June according to the latest figures fr...

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22Jun
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2021 building materials shortage: What is the price of building materials?

Covid-19, Brexit and booming demand are combining to drive up prices for the essential materials the UK’s construction sector desperately needs....

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04Jun
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More than 160,000 still furloughed at end of April

More than 160,000 construction workers remained on furlough at the end of April, new figures have shown. Data released by the government this week&nbs...

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02Jun
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Construction learners to get site skills cards

Construction trainees will soon be given their own skills cards to help oversee work placements. The new Industry Placement Card will help support l...

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19May
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Self-employed trade rates 20% up on a year ago

Average pay for self employed trades has risen by nearly 20% since the first lockdown a year ago. According to the industry’s biggest payer of...

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10May
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Number of furloughed construction workers falling faster than wider economy

Number of furloughed construction workers falling faster than wider economy  Latest HMRC data shows size industry’s furloug...

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04May
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Will they come back? Why British construction lost its Eastern European workforce

In recent weeks, a persistent rumour has been circulating about migrant workers in construction. The specifics differ, but the central premise is the ...

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15Apr
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Construction output grows by 1.6% in February

Construction output grew by 1.6% in February 2021, largely thanks to a 1.5% increase in new work and 1.9% increase in repair and maintenance, as the i...

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