DemolitionNews compiles dossier charting continuing collusion investigation.
The highly-secretive but potentially far-reaching investigation into alleged collusion within the UK demolition industry is a topic that has had the sector transfixed for more than two years now.
Who is involved? Are they guilty? What will the punishment be? How will the fallout impact and shape the wider industry? When will it all end?
All of those questions remained unanswered yet they remain a constant theme.
DemolitionNews has been following this story since early in 2019 when rumours began to circulate that investigations into alleged collusion in construction had spilled over into the sphere of demolition. Within weeks, we heard talk of demolition offices being raided by investigators from the Companies and Markets Authority (CMA); and of laptop computers and mobile phones being confiscated for further investigation.
Unconfirmed reports suggested that the CMA would present its findings and – presumably – commence prosecution proceedings back in September 2019. There was then talk of the net being widened from what was believed to be an initial six companies to as many as 12 or more. Then came COVID-19 and the subsequent lockdown that brought any ongoing investigation to a temporary halt.
But through all of this, DemolitionNews has maintained a dossier of news clippings and reports that has charted every twist in this seemingly never-ending saga.
“From its very inception, DemolitionNews has been committed to providing the global demolition industry with a central news and information resource. Indeed, the very reason DemolitionNews was created was to remove the geographic and association silos in which industry information was traditionally held,” explains DemolitionNews founder Mark Anthony. “But that resource extends beyond simple news reporting. Behind the scenes, we have created a database of information that helps inform our reporting of industry news and issues. Given the length of time the CMA investigation is taking to be resolved and in light of the sheer volume of questions around the subject, we have decided to open that dossier for readers to see.”
As with all DemolitionNews research, this dossier is held within the Evernote platform; although you do not need an Evernote account to access it.
“The CMA investigation into alleged collusion has had a major impact upon other sectors within the construction field. It has resulted in massive fines and company directors being banned,” Anthony continues. “If collusion s proven within the UK demolition industry as it was in Denmark, the fallout has the potential to change the very fabric of the sector. So it is vital that industry professionals have easy access to all the information, and not just that published on DemolitionNews.com.”