Who is Ludwig Erhard and what has he got to do with industrial relations in the UK? Ludwig Erhard became the first Minister of Economy of the newly established Federal Republic of Germany in 1949. He faced an almost impossible situation. Industrial production was...
September 2022 had the highest value of construction output (£15,125m) since 2010. While inflation has no doubt played its part, the prospect of rising order books has to be set against employment figures for the sector, which, as shown in the graph, have yet to...
Cost of poor quality has been much discussed in the construction industry in recent years. Studies have estimated that the direct costs of avoidable errors in the construction sector are around 5% of project value, or £5 billion per annum in the UK. Whilst some...
There are more challenges than ever facing the construction industry. Material availability, supply chain distortions, labour shortages and the increasing burden to monitor and reduce emissions are all weighing on profitability and performance in the sector. Could a...
What is the productivity problem in UK construction? Construction accounted for approximately 6% of the UK’s gross domestic product in 2019 and employed nearly one in ten of the workforce. Despite the sector’s huge role in the economy and its influence on...
The UK construction and building materials sector is in the midst of a well-publicised supply chain crisis. It has been at the forefront of post-lockdown economic recovery, with its highest activity for many years. Soaring demand, coupled with supply-side production...