Tuesday 14 May 2013

Optimistic words in the Construction Industry

SIAD Ltd - Industrial Roofing and Asbestos Roofing Specialists

Across the UK the construction industry has been finding it tough going to find consistent streams of work. It has been stated that the UK construction industry has suffered approx a 3.6% decrease in this sector compared to previous years. Although at the same time we seem to be supplying a steady demand for plant machinery as some of the big named companies are filling healthy orders.

This indicates that while the need for construction work may have decreased to well over £500 million, companies are spending money to make money, hoping to see a return on investments. While the South seem to be sitting in it's own bubble managing to sustain a good level of work it's the North that seems to be worst effected along with Wales. The Government plans to roll out initiatives to help the growth of the British construction industry. I'm sure that small business owners will be unsure of how true these stats are as most of the figures will be influenced quite heavily on the larger more established companies, who if lost a £100'000 wouldn't batter an eye about! At least there is hope as more jobs are being created in the South-east and London than anywhere else in the UK (hence the sitting in it's own bubble). This should now start fierce competition for these opening positions. The government is also looking to get more young people aware of working in the construction business, apprenticeships have always been a popular way for many people to work their way up the building trade. For company owners it's low paid labor that can offer great returns in young enthusiasts, many of which move on to creating their own small company and with the help of the banks slowly starting to loosen their purse string on company start-up loans this looks to be an area in which we should see flourish in the coming years.

If you like this short post please comment below, feedback wold be great for us to know what you would like to hear about in the upcoming posts. 

Happy commenting everyone.


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