Globalisation – winners and losers
Blog author: Richard Saxon CBE, JCT Chairman Construction used to be the most local of industries. Buildings were made from the nearby materials by local craftsmen and master masons. There were no ‘professionals’. As modern materials came in so they were sourced from further afield and professionals emerged to decide how to use them. Whilst bulky materials are expensive to ship, the UK has largely gone over to importing building products, with a major negative balance of payments for manufactured components. For a wide variety…