The markets' patience with Brexit related indecision
appears to be wearing thin, as the results of the Q2 2019 RICS Construction and
Infrastructure Market Survey shows output growth accelerating, and workload and
employment expectations gathering pace for the year ahead. This quarter, 16%
more respondents reported an increase in construction workloads, up from a +9%
net balance in Q1. Relative to other sectors, workloads in public housing grew
at the fastest pace, closely followed by private housing. The rise in workloads
in social housing (+26% up from +6%) suggests that the lifting of the HRA
borrowing cap may have begun to influence sentiment in social housing
construction. Read more on the RICS website.
Country diary: The challenge of making a thatched roof pine-marten proof |
Tom Allan
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*Glenisla, Angus:* Damage by squirrels is common; the mustelid less so.
Still, as a local told me, ‘you cannae blame them wanting somewhere to live’
That...
1 day ago
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