Infrastructure output flagged as a concern following Crossrail delays

Infrastructure output flagged as a concern following Crossrail delays

The announcement of a 9 month delay to the opening of the much anticipated new Crossrail project in London, not only made headlines in July 2018. It also highlighted a major concern in the infrastructure industry: Governments inability to deliver on major flagship infrastructure projects. With cost over runs in excess of £600m, it’s certainly…

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How can Tier 1 Main Contractors shape the industry for the better?

How can Tier 1 Main Contractors shape the industry for the better?

In decades past, industry performance was gauged by how the big players were performing, and since 2008 there have been few positive results. However, a new trend is emerging, with mid-size contractors showing higher margins and better productivity, despite the continuing challenging economic times. It’s been a wake-up call for the industry, and particularly tier…

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A High Speed dream that’s fast becoming an ugly reality

A High Speed dream that’s fast becoming an ugly reality

Back in 2009, when the idea of a high speed railway linking the north and south of Britain was introduced, it sounded like a fine idea. It would cut travel time between major commercial centres and provide much needed infrastructure and investment all along the route. However, 10 years down the line the project has…

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Be prepared to pay more

Be prepared to pay more

If contractors thought their margins were tight before, they’re about to get worse. As the Brexit deadline looms and the governments are no closer to a deal, companies are being warned that they should prepare for the worst. But what does this “worst” look like and what will be the direct impacts on profits? Supply…

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Fit for purpose – The Construction Act

Fit for purpose – The Construction Act

While a great deal of noise has been made about retentions and late payments in recent months, it seems not a lot has changed. Despite promises to the contrary, subcontractors are still feeling the pressure of balancing cash flows. With the biggest main contractors reporting slim to no profits the chances of them making good…

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Heath check – Why it’s about more than showing a profit

Heath check – Why it’s about more than showing a profit

As Carillion has shown, posting large profits isn’t necessarily the best measure of success. Just months after doing just that, they closed their doors, the impact of which is still being felt in the industry. So if profits or even revenues aren’t the best measure of success, what is? What will give clients and subcontractors…

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What can make a difference to boosting profits in construction?

What can make a difference to boosting profits in construction?

The construction industry has taken a couple of hard knocks this year and while in some sectors prospects are looking up with increased output and funding becoming available for major infrastructure projects, contractors are not nearly out of the woods. With the recent report on the top 100 contractors reflecting poor profits it is clear…

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Brexit: Planning for the unknown

Brexit: Planning for the unknown

While the news carries reports of continued failure of Governments on both sides to reach agreement terms for Brexit, the deadline continues to creep closer. In just over 7 months, with or without an agreement in place, Britain will no longer be part of the EU. And exactly what this will look like in business…

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What style of leadership will move the construction industry forward?

What style of leadership will move the construction industry forward?

When considered, the construction industry is firmly entrenched in very traditional models of leadership. Ones that often take a very hierarchical and supervisory approach to managing teams. Communication is often a one way street with instructions being issued that need to be followed rather than discussion being encouraged. However, it’s becoming abundantly clear, given the…

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Austerity road – the cracks are showing

Austerity road – the cracks are showing

For the past few years may local councils have found themselves under pressure to the point where budget cuts and other austerity measures have been implemented to try reduce budget deficits. While financially this may seem to be the most prudent course of action, it is not without implications. The demand for infrastructure and related…

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What will solve the UK’s infrastructure output headache?

What will solve the UK’s infrastructure output headache?

Despite a recent increase in investment and awarding of tenders, infrastructure output in general is still not at the level that it could or should be according to industry experts. The Essential Infrastructure Report by Scape identified that in the 20 year period between 1997 and 2017 construction output on UK infrastructure and public construction…

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How will the NIC budget proposals impact recruitment?

How will the NIC budget proposals impact recruitment?

The recent National Infrastructure Commission report highlighted several issues in the industry. Amongst other things that productivity in terms of the development of infrastructure is below the national average in almost every major city in the UK. To address this the NIC’s recommendation was to implement 5 year budget cycles covering smart technology implementation, routine…

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