Build UK has been working with Constructionline to measure the impact of coronavirus on the industry, and have published the results in a new infographic based on data submitted from almost 8,000 suppliers.
The infographic provides some encouraging news with respect to the impact of the CLC’s work on Site Operating Procedures with 99% of respondents making use of this document. The numbers related to whether companies are expecting significant financial difficulties ahead are concerning with 29% of companies in England, 42% in Scotland, 32% in Wales and 47% in Northern Ireland .
The Biggest challenges highlighted was continuity of work, however, the survey points also to the significant challenge the industry has in terms of productivity. The three main things that would help suppliers are outstanding invoices to be paid (38%), a relaxation of project deadlines (28%), and shorter payment terms (24%).