“UK construction has seen the biggest rise in workload since 2016”, according to a recent article by Reuters.com.
Driven by a need for more housing, the commissioning of new commercial warehouse projects to support the ever-growing online retail industry and the re-development of towns and cities across the UK. The construction sector is expanding greatly, following the COVID pandemic.
COVID has driven a variety of housing changes, with more people working from home and the desire to be in rural locations; this change in working routine has also led to a slight re-distribution of the UK population. Further to this, the cut in UK stamp duty tax has also encouraged some homeowners to take advantage and move to a new house sooner than they may have originally planned.
To meet the expansion UK construction demand, construction companies are now taking on more qualified employees and contractors including investing in apprenticeships. With many trades required across Bricklaying, Plastering, Plumbing, Electrics and Joinery, there is a variety of choice available to those who want to embark on a new career in UK construction.
UK Construction Government Investment
With 1.3billion investment by the UK government, to build up to 45,000 new homes and create 85,000 new jobs. This will not only enable skill upgrading but also embrace new environmentally friendly technologies, the UK is positioned for a positive growth plan with ‘Build, Back, Better’, over the coming years.
Is your business currently in the process of building your construction team? JRW Risk Solutions support the construction sector, offering a number of commercial insurance policies to fit various construction trades. We offer UK contractors insurance packages, which includes employer’s liability, public and products liability, contractors all risk, hired in plant, contractors plant plus much more. To find out how we can support your company, please contact us, or see our construction insurance page for further information.