After a tough year for construction firms, Stuart Stead, head of construction and property at accountancy firm Cowgills, and Ben Fearns, managing director of developer Novo Property Group, discuss the biggest issues facing the industry and what can be done to improve the outlook for medium-sized contractors in an increasingly competitive market.
Much like 2019, this year has seen a number of high-profile firms forced to call in administrators as cashflow problems, exacerbated by the Covid-19 lockdown, made it impossible to continue trading.
Guests on this Place North West podcast, hosted by Dan Whelan and sponsored by Hargreaves Contracting, discuss how the industry needs to change in order to prevent more firms going the same way as the likes of Cruden Construction, Harry Fairclough and others.
DISCLAIMER: The views expressed by the guests on this podcast are not necessarily shared by the episode sponsor
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