The downturn does have a silver lining, even for the construction industry
Searching for a silver lining to recession for construction isn't easy. But there's growing evidence that, dire as the industry's current situation may be, the tough conditions are providing parts of the industry, just like the financial sector, with a much-needed wake-up call.
Bovis Lend Lease's business overhaul, announced to staff last week, is a clear example of this. The firm's workload has been badly hit by the recession, particularly because of its reliance on the commercial sector.
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