Tier One contractors in London turn to AI as competition rises, AECOM report finds
“If AI is integrated deeper, contractors could rapidly accelerate efficiencies by exploring new operational benefits.” – AECOM chief.
“If AI is integrated deeper, contractors could rapidly accelerate efficiencies by exploring new operational benefits.” – AECOM chief.
By 2030, the govt expects the plan to lift one million families out of fuel poverty, create 180,000 jobs, and boost the retrofit pipeline.
Wider insolvency data highlights construction remains the hardest-hit sector, accounting for 3,933 cases – 17 per cent of all industries.
The construction industry remains the sector with the highest number of company failures in England and Wales over the past year.
Though insolvencies eased slightly, experts warn the sector remains pressured by inflation, interest rates, cash flow and supply chain issues
Gross profit margins across the construction industry are tight, especially in 2025. I wanted to find out how much gross margins have changed with some the top contractors over a 10-year period.
The investment will enable Chime to accelerate its “product roadmap” and grow into a complete, all-in-one construction software solution.
Staff, including the managing director, will remain at the £9.8 million-turnover Pro Mech, as will its Hampshire and East Sussex operations.
The framework’s 39 winners across multiple lots, include Galliford Try Construction, Reds10, Thomas Sinden, and Thurston Group.
Random spot checks introduced, with watchdog enforcing 30-day invoicing period.