20 Jul

UCATT: Construction sector on the road to recovery

UCATT: Construction sector on the road to recovery

The number of positive indications that the construction sector is on the road to recovery are on the increase, according to one industry organisation.

It was revealed by the Union of Construction, Allied Trades and Technicians (UCATT), that although there is a lower level of work available for builders, the market has bottomed out.

The organisation believes this means a quick recovery will be experienced, which may see the number of new house builds go up.

A spokesperson for UCATT was optimistic, although did have a word of caution, saying that although there is "all that work" available, there are still "fairly long lead-in times and we haven't seen the full value of that yet".

One house building firm that is supporting these comments is Taylor Wimpey, which reported a 73 per cent increase in the number of orders at the end of June.
ADNFCR-1222-ID-19269178-ADNFCR

Cookies We use cookies to ensure that we give you the best experience on our website. To find out more about our cookies policy, see our cookies policy here or in the footer.