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Tuesday, 26 May 2015

Key Trends and Opportunities in the Construction in the UK to 2019

Construction in the UK - Key Trends and Opportunities to 2019 Market Research Report Published in 2015-05-26 by Timetric The UK construction industry is expected to perform relatively strongly over the forecast period (2015–2019), expanding at an average annual rate of 4.19% in real terms. This marks a clear improvement from the average annual expansion of 0.45% recorded during the review period (2010–2014). Construction activities in the public sector have been impacted severely due to the implementation of austerity measures since 2011. However, industry growth is expected to pick up over the forecast period, in part owing to investments under the National Infrastructure Plan 2014. Moreover, after months of fretting over the potential for a messy coalition and ensuing policy paralysis, the UK’s construction industry is now looking forward to a period of policy continuity following the Conservative Party’s success in the general election in May 2015.


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