Humidify o
ying the UK for over 30 earsy
The number of projects awarded in January jumped by
50% compared with December 2016 and by 25% compared with a year previously. Housing starts soared by 83% compared to the same month in 2016 and Barbour also reported that £5.8 billion worth of contracts was close to being awarded suggesting the upward trend should continue well into 2017.
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Nationwide humidifier service team Bounce
On the down side, while housebuilding is powering ahead there is concern about the commercial and retail sector, which has fallen back heavily since last year. Infrastructure spending is also slow, but most commentators believe both of these sectors will bounce back later this year. However, these are uncertain economic times so nobody is getting complacent.
Nearly 60% of firms told the BESA survey that their material costs had risen since the vote to leave the EU last June – mainly because of the impact on the value of the pound – and about four in 10 say their labour costs have also gone up. Late payment continues to be a concern with more than 50% saying they are not being paid within 30 days for work completed for public sector clients, which is illegal. A Specialist Engineering Contractors’ (SEC) Group
investigation has also revealed that more than £1bn is currently being withheld from the country’s largest construction firms in payment retentions with an inevitable knock-on effect on their supply chains. No other industry suffers from this scale of payment abuse and battling this issue continues to be a major focus for BESA and its sister trade associations. However, the overall mood is optimistic and, with the wider economy also showing a resilient response to ‘Brexit’, the building engineering services community is in much better shape than most commentators were predicting last summer.
www.theBESA.com
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Evaporative Cooling Humidification and
www.heatingandventilating.net March 2017
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