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ISG’s Collapse – A Wake-Up Call for the Construction Industry

Yosof Ewing, ‘The Contract Coach’ The downfall of ISG, a significant name in construction, has shaken the industry to its core, putting countless jobs in jeopardy and casting doubt over many public and private projects. However, this collapse is not just a one-off failure—it’s a symptom of a deep-rooted issue that the construction sector must confront before more damage is done. Operating a business with a turnover of £2.2 billion and a profit margin of just £11 million—equating to a precarious 0.5%—is a recipe for disaster. Such a fragile model isn’t an unfortunate circumstance; it’s a strategic choice, revealing a wider problem among top-tier construction companies. ISG’s decision to persist with such a minimal margin [...]

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