Predictions for post-Brexit Britain range considerably from expert to expert. However, Thomas & Adamson has today gone public with its view that there will still be plenty of opportunities in the UK construction sector even after Brexit.
Alastair Wallace is quoted in Housing Active and UK Construction Media as saying: “Although uncertainty has the potential to derail the industry in the short term, the construction sector has a unique opportunity in a post-Brexit world to market itself. We cannot wait on politicians to determine the sector’s success. We need to take the market by the horns and push ahead. There are still a lot of opportunities outside of government-funded projects and that’s what we as a company are focusing on.”
Trade body Construction Products Association is also positive about the overall construction output growth for 2017, which they expect to be 0.3 per cent higher than previously thought, at 1.6 per cent, beating their previous estimate of 1.3 per cent.
Alastair continued: “We remain focused on our key sectors: commercial, retail, hospitality and residential, as they are the strongest sectors in the UK right now. Life science and the high-tech sectors are also very strong for us and will remain so going forward into 2018 and beyond. We saw an increase in the number of new hires in 2017 compared to the previous year and our London team in particular has grown substantially.”