Development slowdown hits small civils firms
The latest survey from the civils trade body CECA into the performance and prospects of its members very much reflects the pressures on the building sector, where housing and commercial building work is being squeezed by the effects of the credit crunch. While the outlook for civils is broadly positive, there is little chance that the civils sector will remain immune to the travails in the building sector, as a huge slice of work comes from preliminary works for development.