Construction must avoid refreshed race to bottom, trade bodies warn

By Jonathan Owen2020-09-07T05:00:00

There is mounting concern over a race to the bottom in the scramble for work

Building firms should resist competing against each other in a race to the bottom to get jobs, construction trade bodies have warned. This comes amid new concerns over a resurgence of cut-throat bidding for jobs in what is a tough economic climate.

Suzannah Nichol, chief executive, Build UK, said: “I would say to everybody they need to remember what it felt like when there was a race to the bottom and all of a sudden they’re in the middle of a pandemic. How did that feel? It’s not good, it’s not sustainable, it doesn’t create a financially viable industry or company.”

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