The Recap. 01.04.2025

This episode discusses the financial instability plaguing the UK construction and demolition sectors, highlighting how insolvencies impact the entire supply chain, from large contractors to smaller businesses like plant hires and scaffolders. The speakers reference several high-profile collapses, such as Carillion and ISG, to illustrate the severity of the issue. They propose a proactive solution inspired by the Waze navigation app: a community-powered early warning system that allows stakeholders to anonymously report signs of financial distress. This system could help companies identify potential risks early and take preventative measures, potentially transforming the industry's approach to financial stability.