Brickonomics

£9 billion owed in trade debt to UK's building specialists

It's a risky time to be owed money. Contractors and clients in the property world are falling like flies. So it was quite disturbing to calculate that £9 billion is outstanding in trade debt to the UK's building specialist contractors....

Posted by Brian on August 25, 2009 12:36 PM

NSCC survey of specialists highlights strategic industry problems

I was passed a draft copy of the latest state of trade survey undertaken by the specialist contractors' body NSCC. It covers the first quarter of this year and tells pretty much the story you'd expect - orders and inquiries...

Posted by Brian on April 23, 2009 12:44 PM

A 1990s revival: Dutch auctions, suicidal bidding and payment delays are back

I wasn't expecting it. I had a ring round of some long-standing contacts that I speak to fairly regularly. I guess I last spoke to them a couple of months ago, as things were starting to look a bit stickier...

Posted by Brian on October 1, 2008 10:37 AM

Construction firms owe £30 billion to trade creditors

I am in the midst of putting together data for the Contract Journal Construction Top 100 and there were a couple of figures I thought worth sharing that have come out of some analysis on trade debt and credit. From...

Posted by Brian on July 30, 2008 7:01 PM