The domino effect of the Carillion collapse
Until the government takes action, building subcontractors will always be vulnerable to a big firm going under
The collapse of British construction services company Carillion continues to have far-reaching effects on the industry, but also on a broad range of other services it supplied, including building railways, army bases and hospitals, providing meals to school children, maintaining libraries and delivering broadband.
Carillion’s failure, while significant to the British economy, brings challenges to Ireland too. In June, Kildare-based Sammon Contracting Group also went into liquidation as a result of Carillion’s collapse, and plans...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
*New subscribers only
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team
Private rental sector remains strong despite Covid-19
Demand continues to outstrip supply in both residential and PRS markets, while developers adapt new build designs to take the pandemic into account
How the programme for government will shape housing
Several strategic changes offer an opportunity for positive reform of planning and development
Comment: US must defuse Covid-19’s ticking time bomb of debt
The United States cannot defeat the pandemic like a military foe but it can learn from looking back at its post-war economic recovery