Tech Utilities Ellis Fox Blog

Tech for tomorrow – keeping utilities switched on

IoT and smart technology are becoming the accepted norm in society with people familiar with the ability to switch on security alarms or lights remotely using smart devices. For utilities companies, smart sensoring is being used to be able to better predict demand and areas of routine maintenance. But technology’s offerings go far beyond that….

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Climate crisis Ellis Fox Blog

How will construction respond to the climate crisis?

The British government recently announced tough new legislation is on the cards to mitigate the effects of the climate crisis. This has been welcomed in principle because most people recognise that things need to change. We shouldn’t be as dependent on fossil fuels, for example, when there are opportunities to use cleaner energy sources. We…

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Technology Old School EF Blog

Technology – Construction just doesn’t get IT

In the last 30 years the world has undergone a massive transformation thanks to technology. Whereas in the 80’s computers were deemed a rare luxury that few people owned, now everyone uses not just computers but mobile phones to communicate on email, instant messenger and manage projects around the globe. Most people cannot imagine life…

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Leadership shakeup – is it enough to move construction forward?

In recent months there has been a lot of movement in the upper echelons of construction. While some executives were forced to move on due to a corporate reshuffle, other chose to resign and take up perceivably better opportunities. But is this really making an impact on construction? It’s all well and good to ‘trim…

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What’s the big deal with the gender pay gap?

The gender pay gap is not something the construction industry likes to talk about. Mostly because whenever statistics are released, they’re named as one of the biggest offenders. The average median hourly pay gap for women across all industries is 18.4%. However, in construction this ramps up to 25%. For some individual main contractors the…

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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

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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How big a slice do the big cheeses get – and are they worth it?

As many of the tier one contractors continue to post poor profit margins the question can be asked: Are the top execs really earning their keep? Interserve’s CEO came under fire earlier this year for drawing a large bonus when the company continued to report massive losses. Compare the tables below  against financial results in…

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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

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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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

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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