PROPcast 2026 - Episode 6 | The End of Retentions - Preparing for the Commercial Payments Bill

The Government's newly published Commercial Payments Bill marks a watershed moment for the UK construction industry. With a phased ban on retention payments, tighter final payment deadlines and significant changes to payment mechanisms, the legislation is set to fundamentally reshape how parties manage cash flow, risk and security in construction contracts. In this PROPcast, Lauren Morrison and Josh Curry unpack the key provisions of the Bill, explore the practical implications for the industry and share proactive strategies to help you navigate and prepare for this evolving landscape.