It’s stories like the one about Apollo undercutting its rivals (28 January, page 10) that have the clients running to secure partnering frameworks with contractors instead

I guess with the recession and the VAT concessions on offer, an in-house DLO is the way to go for many property-based clients, especially since the rate of VAT is now standing at 20%, which is normally considered the profit margin on most service-based contracts.

Afzal Shabir, via