RLB_UK_Riders_Digest_2013
RLB_UK_Riders_Digest_2013
RLB_UK_Riders_Digest_2013
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<strong>UK</strong> CONSTRUCTION TRENDS<br />
recovery was heightened by the success of<br />
the Games and saw the <strong>UK</strong> as global leaders<br />
within the construction industry. Post games<br />
we are now looking to the future of the <strong>UK</strong> and<br />
how we are going to emerge from the economic<br />
downturn that we have seen in previous years.<br />
Looking forward suggests further falls in<br />
construction activity generally across all regions<br />
to 2014.<br />
London still seems to be the strongest market,<br />
but interestingly the North East is expected to<br />
be far less affected than many of its northern<br />
neighbours.<br />
Construction is a big employer, providing jobs<br />
for more than 2 million and plenty more in the<br />
supply chain. But the recession has been painful<br />
with around 400,000 construction jobs lost.<br />
However the structure of the workforce has<br />
changed, with the number of direct employees<br />
falling fast, while the number of self-employed<br />
has remained much more stable. What this may<br />
indicate, is that firms are still cautious about the<br />
future and reluctant to directly employ labour,<br />
perhaps keen to keep flexibility ahead of what<br />
remains both nationally and regionally very<br />
uncertain times.<br />
According to the Autumn Statement the<br />
<strong>UK</strong> economy is facing global change- with<br />
the emergence of new economies such as<br />
China, India and Brazil, the <strong>UK</strong> needs to<br />
become competitive. The Government has<br />
released planning initiatives aimed at boosting<br />
infrastructure and house building. This will be<br />
achieved by a £5.5 billion capital package and<br />
support for private investments including roads,<br />
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