Clients fear for contractors’ survival

Public and private sector clients fear suppliers could struggle to survive the coming months. Cashflow problems as a result of the pandemic, coupled with potential disruption caused by Brexit, could prove too much for some companies, a civil servant has warned. Speaking at the Construction…

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Council-owned developers still have ‘big roles’ despite Croydon bankruptcy

Local authorities still have a major role in spearheading development despite the “reverberation” of Croydon Council around the country, it has been claimed. The Construction News Summit heard today from two local government development officials who said that their sector is crucial to building and…

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Spending Review: bosses call for long-term investment

Leaders from some of the UK’s largest contractors and consultants want to see the government make long-term commitments in the Spending Review. Speaking at the Construction News Summit, Skanska UK chief executive Gregor Craig (pictured) said: “What I’d like to hear [in the review] is…

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Coronavirus survey: tell us about the long-term impact on you

This year, coronavirus brought the country to a standstill. Copper Consultancy, in partnership with Construction News, wants to understand how it has affected you. It wants to hear your views on the balance of risk in construction and how firms are managing client expectations amid…

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Crossrail warns ‘unsustainable’ funding could delay project

Crossrail has warned that its funding situation is not sustainable and risks increasing the costs and length of the build programme. Available funds have been “exhausted”, having already been allocated across the project. This has led to additional funding requirements being managed on a day-to-day…

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Client investment ‘likely to be constrained’ for foreseeable future

Public and private sector investment in the construction industry is likely to be constrained for the foreseeable future, according to analysis by the Confederation of British Industry (CBI). The business group’s director of infrastructure Tom Thackray told the Construction News Summit: “The government has obviously…

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