Construction output slows to a crawl in July

 

UK GDP flatlined in July with no growth recorded. However, construction managed a 0.3% increase in new work, as repair and maintenance output stood still.

Despite the modest growth, the construction sector outperformed the wider UK economy, which saw no growth in July.

Over the three months to July, construction output edged up by just 0.6%, reflecting a slow pace of growth across the industry. New construction work grew by 1% during this period, while repair and maintenance activity was nearly flat, rising just 0.1%.

Several construction companies have contacted us recently regarding their employed workforce. These companies have investigated the possibility of utilising a self-employed workforce, which can benefit both the individual and the company itself.

To discuss a compliant way to potentially transfer your employees to a self-employed workforce, please contact us on 0800 131 0131 or email sales@rollpay.co.uk.