May 2024 economic and business overview
The UK economy appears to be on a slow upward trajectory in 2024 after a rocky start and on the back of a tough business landscape in 2023.
Construction
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Major labour force issues for the construction industry
The construction industry had a total labour force of 2.15m in Q2 2023, equivalent to some 7% of the total UK labour force. This compares with the pre-pandemic
Construction company balance sheets and business models
Just as you can’t judge a book by its cover or guess a packaged gift from its shape, assessing the commercial risk of trading with a construction company
Housebuilders – Profit margins, finances and interest rates
The housing market is a key part of the UK national psyche. The inexorable rise in house prices has enriched baby boomers, but now unaffordable prices exacerbated by
Post pandemic – what next for the UK construction sector?
The UK construction sector has been a remarkable story of adaptation during the pandemic. An initial plunge of 40.7% in its GDP in April 2020 as almost the