The construction sector has always played an important role in the UK economy, directly contributing approximately 6% of GDP and employing around 2.4 million people. Plus, there’s the industry’s indirect impact on the economy. Without construction there would be no new hospitals, offices, factories and shops, all of which are needed if the UK is going to continue to attract investment.
The most recent economic indicators from the Office for National Statistics show that despite GDP falling 0.4% in April 2019, construction output was up 0.4% thanks to strong infrastructure growth.
We take a closer look at some of the key challenges and opportunities facing the industry at the moment.