Facilitate - Star players
- Member only
11 July 2022
While a brief and enjoyable detour back to 2012 has informed one of our features for this edition, back in the present a period of serious uncertainty is setting in. Inflation is always a horribly pernicious phenomenon, but the pricing of facilities service provision has evolved over decades without the kind of price surge we’re currently seeing.
From the outsourced facilities management ‘big bang’ of the early 1990s through to the pandemic in 2020, even the largest service firms have struggled to lock down reliable levels of profitability – and this with inflation averaging just 2.5 per cent over that 30-year period.
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