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CBRE pays £960m for majority stake in T&T
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CBRE deal to see T&T partners pick up millions
building.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from building.co.uk Daily Mail and Mail on Sunday newspapers.
By Dave Rogers2021-01-28T06:00:00+00:00
Upbeat Vince Clancy says return to normality might be ‘quicker than we think’
Turner & Townsend boss Vince Clancy has said the industry is weathering the current covid storm better than expected, suggesting a return to normality might be quicker than previously thought.
Clancy, who has been with the business since 1989, said the level of uncertainty caused by the pandemic was greater than the 2008/09 financial crash but the economic impact had not been as great as he first feared.
Vince Clancy says the economic impact of covid-19 has been less than that caused by the financial crash more than a decade ago
Turner & Townsend’s boss is looking beyond the UK’s third lockdown to a ‘golden era’ for construction
For a man who has seen business at one of his most important divisions – aviation – nosedive 60% in the past year, Vince Clancy is feeling pretty positive about life.
Being positive can have a different meaning these days and Clancy is more aware of that than most. The Turner & Townsend chief executive, only the fourth in its 75-year history, tested positive for covid-19 shortly before Christmas and spent the festive period self-isolating at his Surrey home with his family.
Now covid-free, the 56-year-old is looking forward and trying to work out when things start to return to some sort of normality.