Cartel probe leaves demolition sector to recover reputation - and count the cost

By Dave Rogers2022-07-01T06:00:00

Source: Shutterstock

The wider industry wants to know things have changed while those at centre of investigation sweat on what final bill will be. Dave Rogers reports

By the time the Competition and Markets Authority went public with details about its investigation into the construction industry last week, it was pretty much an open secret which sector was under the spotlight while the names of the firms at the centre of the probe had started to leak out.

Ahead of the CMA’s announcement, Careys, Keltbray and John F Hunt had all made reference in their most recent report and accounts to allocating provisions for a “historic regulatory matter” – in other words, the CMA investigation.

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