Carillion’s collapse and the retentions scandal raise some basic questions about how our industry is valued and how we value each other.
The idea that retentions be held in deposit, as proposed by parts of the industry and Peter Aldous MP through the Aldous Bill, is a worthy idea that demands consideration.
Construction is arguably the sector of the UK economy most prone to insolvencies and bad debts.
Carillion’s demise into liquidation has not only disrupted and unsettled the UK’s construction and FM industries but has also dredged up the debate around the success of private finance initiatives.
National Apprenticeship Week proved last week that there remains an excellent opportunity for us to look towards the future, and benchmark our performance in developing skills and attracting recruits.
As a former apprentice and now the managing director of a £22m business, I can see the value of apprenticeships from both sides of the fence.
It just wouldn’t be the UK if there weren’t a few days of the year dominated by cold weather and our inability to deal with it.
The industry is still shaking, and will be for many months to come, following the collapse of the UK’s second-biggest contractor.
In his editorial last week – Beware the hungry contractor hoovering up Carillion work – CN editor Tom Fitzpatrick rightly emphasised the need for caution over contractors taking on former Carillion projects.
Anyone in industry, government or the client community who is surprised that a giant main contractor has gone bust clearly hasn’t been paying attention.
If the government wants to solve the housing crisis, it must address the barriers to output that local housebuilders continue to face.
There is no doubt that investment by the Treasury in key areas could make a huge difference in easing pressures on SMEs and freeing them up to grow.
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Carillion has continued to hog the headlines in the past seven days but debate among CN readers has broadened to look at the wider implications and what needs to change.
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The sector holds many demons but disputes over complex contracts and tricky engineering can be dodged with a few sensible steps.
Does the wording of your contract reflect your intentions? A recent case shows why contractors should be wary.