Construction activity grows

Tim Wallace
Follow Tim
BRITAIN’S economic recovery is driving building growth, the Construction Products Association said yesterday, publishing figures showing strong demand for manufactured industry goods.

A net balance of 50 per cent of heavy side firms reported a rise in sales, as did a balance of 29 per cent of light side firms.

Heavy side firms produce materials used in structural areas, such as concrete, while light firms make fittings like heating systems.

Both sides have seen a fall in export orders, indicating that the large uplift in demand has come from British construction sites.

The demand means 77 per cent of heavy firms and 64 per cent of light side plan to increase investment in research and development this year.

Related articles