It is that time of the year when many of us will be heading to the Hellhole that is the modern airport ahead of our summer vacation. Assuming you can navigate the mountains of unclaimed and misplaced baggage, the queues of disgruntled and frustrated holidaymakers and the TV news crews there to capture the chaos…Read moreRead more
Collusion
Comment – I do declare!
NFDC considers anti-collusion declaration
Building magazine is reporting that the National Federation of Demolition Contractors is considering implementing an anti-collusion declaration in an attempt to rebuild trust after 10 of its members were named in the bid rigging probe by the Competition and Markets Authority. Howard Button, chief executive of the National Federation of Demolition Contractors, told Building that…Read moreRead more
The Weekend Wrap – CMA Special
After a week in which the outpouring of revelations from the CMA investigation into big rigging in the UK demolition sector has grown from a trickle to a deluge, we look back at all the key news items of the past seven days in the exclusive and special edition of The Weekend Wrap.
The eye of the storm
The “voice of the demolition industry” is characteristically silent amidst the bid rigging scandal that has named 10 of its members. The Federation is choosing inaction when action is so clearly required. In the eye of the storm, the NFDC is apparently hoping the whole thing will blow over. Anyone that has seen the movie…Read moreRead more
The Break Fast Show #329
In today’s show: With the National Federation of Demolition Contractors seemingly planning to soldier on unaltered by the CMA debacle, we look at what that actually means for the Federation and – more importantly – for its members. With the latest Ritchie Bros sale now in full swing at their Maltby facility, we’re bringing you…Read moreRead more
The Break Fast Show #328
In today’s show: As McGee Group sets aside £2.4 million to cover fines arising from the price-fixing probe, you have your say on the CMA fallout. As one of the eight NFDC companies that have admitted involvement in price fixing is fined over the death of a worker back in 2019, we ask: What price…Read moreRead more
CMA – Our viewers have their say
In light of the findings of the Competition and Markets Authority probe into alleged bid rigging and price fixing in the UK demolition industry, we asked our viewers what they thought about the companies named and about the trade association of which they are all members. These are their thoughts.
McGee earmarks £2.4 million for CMA penalty
McGee Group has become the latest demolition company to reveal the size of the provision it has made for any fines that might arise from the Competition and Markets Authority probe into bid rigging and price fixing with the industry. The company has revealed that it was set aside £2.4 million to cover the financial…Read moreRead more
The Break Fast Show #327
In today’s show: The CMA collusion probe – The blast and the fallout; HS2 pushes the compaction technology envelope; and we take a leisurely stroll around Liebherr’s stand at last week’s Hillhead show. PLUS Dynapac is getting set for Bauma 2022. All that and more on The Break Fast Show:
CMA probe – The blast and the fallout
On Friday 24 June 2022, the Competition and Markets Authority (CMA) dropped a bomb on the UK demolition industry. Even though it was the culmination (for now) of a cartel-busting investigation that has been running for more than three years and which has been public knowledge for almost as long, the bomb came as something…Read moreRead more