SMEs play an important role in holding up the construction economy
First Balfour Beatty and now Morgan Sindall (Morgan Sindall issues profit warning, 9 May, building.co.uk).
I do hope the chancellor is taking note. Apart from the lack of construction opportunities these big companies will suffer financially as lesser companies go under which will, in turn, make any eventual recovery not only slower but much more expensive due to lack of skills. Here we go again.
H Mooney, via www.building.co.uk
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