Only two of the country’s top 20 housebuilders which have spelled out how quickly they pay suppliers managed to beat the government’s target of paying 95% of invoices within 60 days.

Barratt paid 99% of its invoices within 60 days, improving by two percentage points, while Bellway, which reports its year-end at the end of February, paid 97% of its invoices within the 60-day threshold. 

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