13 October 2018
Total construction output across the region is up 15% to more than £4.6bn in the three months to August compared to the same period last year, according to the Office of National Statistics. Overall construction output in Great Britain for the period was up 1.5% on the same time in 2017 – meaning the regions’s increase was 10 times the national average
Compared to the same period the year before, the value of new housing work in the North-west increased by £386m in the three months to August.
One of the schemes underway in the region is developer Bruntwood’s mixed-use project in Manchester Circle Square (pictured). Back in May of this year, construction group Sisk were appointed to deliver the first phase of the commercial development at Circle Square as well as the £140m Circle Square Affinity residential development.
The output in the construction industry figures were released by the Office of National Statistics earlier this week.
The boom comes as, amongst other growth stimulants, investment in new technologies is on the rise, helping construction companies work more efficiently.
UK Connect’s fibre-speed broadband cuts costs and maximises profits by allowing construction companies flexibility and modernity. Check out our construction site broadband solution, or call us at UK Connect on 0333 900 9860 for more information.
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