M&A

Slide rules: duties for directors of contractors in financial trouble

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Catherine Welch (left) is a partner in the construction and engineering team, and Tom Llewellyn a partner in the dispute resolution team, at law firm RWK Goodman With the government’s COVID-19 furlough scheme and other forms of support now long gone, contractors near the edge of a financial precipice are…

Construction must rid itself of ‘leadership’ that blocks change

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Rudi Klein (pictured left) is a barrister and Stephen Woodward is a risk management consultant. Klein was formerly chief executive of the Specialist Engineering Contractors’ Group, which campaigned for 20 years to reform payment retentions in construction The construction industry has long had a problem with diversity of thinking. Too…

IR35 still lacks clarity one year on, but construction is adapting

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Ryan Dawson is IR35 programme manager at insurance broker Kingsbridge  When IR35 tax reforms came into force in April 2021, several construction firms introduced blanket bans on the use of contractors classed as personal service companies (PSCs). Given that the industry has a long and well-established history of engaging successfully…

How to get paid on time

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Rebecca Sperti is customer relationship director at Causeway Technologies Prompt payment is the cashflow lifeline that keeps many businesses afloat in the construction supply chain. But our analysis of more than 8 million invoices sent to the top 100 construction firms in the UK has revealed that about 10 per…

Collaboration will help us weather the inflation storm

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Simon Poulter is head of procurement and supply chain at Sir Robert McAlpine Be it warnings from industry bodies of further bumps in the road or concerns over the ability of contracts to deal with the present climate, inflation is now a regular visitor to the pages of Construction News.…

How construction for life sciences is poised to lead levelling up

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Priya Shah is associate director for life sciences at cost and project management consultancy Linesight The government’s Levelling Up white paper, published at the beginning of February, details a series of ambitious proposals designed to boost the UK beyond the prosperous confines of London and the South East. Ministers believe…

Can tech help construction get the work done right the first time?

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The construction industry is notorious for cost overruns and delays. Construction News assembled a team of experts to discuss how the use of technology could reduce both. Paul Thompson reports

Power to the people: the rise of employee-owned contractors

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If you want to sell a construction business, there have traditionally been three options: sell it to another company, to the management or to the public through a listing on the stock exchange. Since 2015, a fourth option has gained in popularity: selling the business to the staff. The concept…

‘Industry-wise, Covid has been brilliant’: Seddon MD hails pace of change

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Construction has been crying out for change for years, Seddon managing director Jonathan Seddon tells Construction News, as he tucks into his customary pilchard sandwich. Between bites and light jokes from his sister – the firm's director of business services, Nicola Hodkinson – he says, rather proudly, that he has…

IR35 is draining the pool of self-employed workers

Andy Chamberlain of IPSE

Andy Chamberlain is director of policy at self-employment association IPSE   Over the past year, there has been a forgotten crisis affecting self-employed workers in the construction sector: IR35. Introduced in 2000, the aim of IR35 is to prevent businesses from gaining a tax advantage by disguising employment as a…