More than 60,000 construction firms in financial distress
The number of UK construction firms in major financial distress has risen by a quarter in the last year and doubled in the past 18 months. According to the construction index businesses that class themselves as in the support services sector, the picture is even worse with a 40% rise in the number of in difficulties. Begbies Traynor's Red Flag Alert...
The New Industrial Revolution Is Here With Industry 4.0
A range of exciting collective technologies known as Industry 4.0 is set to launch the new industrial revolution. This fourth industrial age however, could see more than 600,000 existing construction jobs automated by 2040, freeing up individuals for essential re-training, according to a report released from international consultancy and construction company, Mace. It's all part of intensive research exploring...
