It is not surprising that the UK’s building industry saw a recent fall in activity, construction contractors have been told.
A new report from Savills claimed that total commercial development activity in the UK dropped by 2.8 per cent in June, after seeing growth for the two previous months.
Commenting on the research, Federation of Master Builders director general Richard Diment pointed out that recovery from the recession is still fragile and this is having an impact on the construction industry.
“It is disappointing [to see a fall in activity] but probably not overly surprising, given everything else we have been hearing over the last few months,” he commented.
Mr Diment also pointed out that the public sector spending cuts are likely to damage building activity for several years to come but predicted that some organisations will still need to invest in new developments.
Last month, Recruitment and Employment Confederation construction chair Simon Noakes highlighted the importance of the building industry to the wider economy.
