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	<title>construction Articles &amp; Updates - cottenhamnews</title>
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		<title>Aldi to Close Wollaston Store for Expansion on April 12, 2026</title>
		<link>https://cottenhamnews.org.uk/aldi-to-close-wollaston-store-for-expansion-on/</link>
		
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		<pubDate>Tue, 07 Apr 2026 02:51:50 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Aldi]]></category>
		<category><![CDATA[community]]></category>
		<category><![CDATA[construction]]></category>
		<category><![CDATA[expansion]]></category>
		<category><![CDATA[local news]]></category>
		<category><![CDATA[planning]]></category>
		<category><![CDATA[residents]]></category>
		<category><![CDATA[retail]]></category>
		<category><![CDATA[store closure]]></category>
		<category><![CDATA[Wollaston]]></category>
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					<description><![CDATA[<p>Aldi's Wollaston store will cease trading on April 12, 2026, to undergo a significant expansion. The closure has sparked local opposition.</p>
<p>The post <a href="https://cottenhamnews.org.uk/aldi-to-close-wollaston-store-for-expansion-on/">Aldi to Close Wollaston Store for Expansion on April 12, 2026</a> appeared first on <a href="https://cottenhamnews.org.uk">cottenhamnews</a>.</p>
]]></description>
										<content:encoded><![CDATA[<h2></h2>
<p>Aldi has announced that its store on Bridgnorth Road in Wollaston will cease trading on April 12, 2026, to make way for a significant expansion. Construction is set to begin the following day, with the store expected to remain closed for at least six months.</p>
<p>The planned extension will encroach upon a nearby green space known as The Dell, which has raised concerns among local residents. Over 200 residents have signed a petition opposing the development, citing the potential loss of public open space and its impact on community access.</p>
<p>Cllr Andrew Tromans confirmed the closure and construction plans, stating, &#8220;The Wollaston Aldi store will cease to trade next Sunday with construction works to commence the next day.&#8221; This statement underscores the urgency of the situation as the community prepares for the impending changes.</p>
<p>The Planning Inspectorate has granted permission for the extension despite the opposition. Inspector C Butcher noted that the main issues revolve around the proposed development&#8217;s effects on local living conditions, particularly regarding access to public open space and highway safety on Bridgnorth Road.</p>
<p>In addition to the construction news, Aldi is set to release a special 50th birthday reusable bag on April 15, 2026. This coincides with the launch of new spring products aimed at retirees, all priced at $20 or less, including a tea set collection featuring a blue floral toile motif.</p>
<p>Prices for new spring items include $19.99 for the Belavi Wooden Planter with Trellis, $9.99 for the Belavi Teacup or Watering Can Planter, $7.99 for the Craftmaker Spring Craft Kit, and $6.99 for the Gardenline Garden Hat. These products reflect Aldi&#8217;s ongoing commitment to providing affordable options for its customers.</p>
<p>Despite the excitement surrounding new product launches, the community remains divided over the store&#8217;s expansion. Cllr Tromans expressed solidarity with residents, stating, &#8220;Your Stourbridge Lion Lib Dem team stood with local residents to try to prevent the loss of a green open space to the rear of Wollaston Aldi.&#8221;</p>
<p>As the closure date approaches, residents are left grappling with the implications of the store&#8217;s expansion on their community. The situation continues to evolve, and details remain unconfirmed regarding any further developments or community responses.</p>
<p>The post <a href="https://cottenhamnews.org.uk/aldi-to-close-wollaston-store-for-expansion-on/">Aldi to Close Wollaston Store for Expansion on April 12, 2026</a> appeared first on <a href="https://cottenhamnews.org.uk">cottenhamnews</a>.</p>
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		<title>Retentions Banned: A Major Shift in Construction Payment Practices</title>
		<link>https://cottenhamnews.org.uk/retentions-banned/</link>
		
		<dc:creator><![CDATA[]]></dc:creator>
		<pubDate>Tue, 24 Mar 2026 14:41:15 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[BESA]]></category>
		<category><![CDATA[construction]]></category>
		<category><![CDATA[insolvency]]></category>
		<category><![CDATA[late payments]]></category>
		<category><![CDATA[NFRC]]></category>
		<category><![CDATA[payment practices]]></category>
		<category><![CDATA[retentions banned]]></category>
		<category><![CDATA[small businesses]]></category>
		<category><![CDATA[UK economy]]></category>
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					<description><![CDATA[<p>The UK government is set to ban retentions in construction, aiming to protect small businesses from insolvency due to late payments.</p>
<p>The post <a href="https://cottenhamnews.org.uk/retentions-banned/">Retentions Banned: A Major Shift in Construction Payment Practices</a> appeared first on <a href="https://cottenhamnews.org.uk">cottenhamnews</a>.</p>
]]></description>
										<content:encoded><![CDATA[<h2>The numbers</h2>
<p>The UK government is planning to implement a ban on retentions in the construction industry, a move aimed at addressing the chronic issue of late payments that costs the economy an estimated <strong>£11 billion</strong> annually. This significant reform is expected to safeguard small firms from losing retentions due to insolvency or non-payment, a common plight in the sector.</p>
<p>As part of this initiative, the Small Business Commissioner will gain enhanced powers to investigate poor payment practices and adjudicate disputes. Additionally, a <strong>60-day cap</strong> on payment terms for large firms paying small suppliers will be introduced, alongside a mandatory interest rate of <strong>8%</strong> above the Bank of England base rate for late payments. These measures are designed to create a more equitable payment landscape for small businesses.</p>
<p>The construction industry has historically faced high insolvency rates, exacerbated by late payment practices. Recent statistics indicate that <strong>15.2%</strong> of all insolvencies in England and Wales in July 2025 were construction companies, with <strong>3,973</strong> construction firms entering insolvency in the 12 months leading up to that date. Furthermore, insolvency rates in construction companies saw a <strong>2.5%</strong> increase from June to July 2025, highlighting the urgent need for reform.</p>
<p>Peter Kyle, the Business Secretary, emphasized the severity of the situation, stating, &#8220;Far too many businesses are forced to shut down because they have not been paid – that is simply unacceptable.&#8221; This sentiment resonates with many in the industry, including David Frise, Chief Executive of BESA, who called the ban a &#8220;landmark moment for our industry and a hugely significant step forward for BESA members and the wider building services engineering sector.&#8221; </p>
<p>The proposed ban on retentions is seen as the most significant overhaul of the UK’s payment regime in over <strong>25 years</strong>. Observers anticipate that these changes will transform cash flow and enhance business resilience for small firms, which have been disproportionately affected by the current payment practices.</p>
<p>James Talman, CEO of the National Federation of Roofing Contractors (NFRC), remarked, &#8220;This outcome is one our industry has been campaigning for years to achieve.&#8221; Meanwhile, Debbie Petford, legal and commercial director at BESA, noted, &#8220;We have been waiting a long time for meaningful reform backed by legislation, and the proposed ban on retentions is a critical part of that.&#8221; </p>
<p>As the government moves forward with consultations on the implementation of the ban, the construction industry is poised for a transformation that could alleviate some of the financial pressures faced by small businesses. However, details remain unconfirmed regarding the timeline and specific mechanisms of the ban, leaving many stakeholders eager for clarity on the forthcoming changes.</p>
<p>The post <a href="https://cottenhamnews.org.uk/retentions-banned/">Retentions Banned: A Major Shift in Construction Payment Practices</a> appeared first on <a href="https://cottenhamnews.org.uk">cottenhamnews</a>.</p>
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