Industry experts are warning that a sharp uptick in construction is “sweet and sour” news for major contractors.
The latest survey of construction buyers revealed a 17-year high in recruitment rates as the market continued to rise.
KPMG’s Head of Infrastructure, Construction and Building Richard Threlfall said: “The sharp pick up in employment levels is not only good news for the industry, it is good news for UK PLC and indicative of the strengthening of the economy overall and that confidence is back in the market.”
But he warned the pick-up was still ‘sweet and sour’ news for the industry’s biggest players.
