16.03.2013 Views

RLB_UK_Riders_Digest_2013

RLB_UK_Riders_Digest_2013

RLB_UK_Riders_Digest_2013

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

<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 />

4

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!