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DWF comments on September CIPS / IHS Markit Construction PMI

06 October 2020
Kate Kirby, Partner in the Construction & Infrastructure practice at global legal business, DWF, comments on the CIPS/IHS Markit construction PMI figures for September 2020. Kate said:
"Today's figures show a sharp increase in UK construction activity at the end of the third quarter, due to pent-up demand in new business. On the employment front, staff numbers continued to fall in September as a result of businesses releasing furloughed workers.

"Looking ahead, the sector really needs to prepare for a few difficulties as the furlough comes to an end and the Job Support Scheme kicks in, and whether employers opt for the latter, more complicated, option.

"In a post–pandemic world, there will still be a requirement for more homes, urban regeneration, improved infrastructure, improved offices, retail space and more distribution facilities. We all know from past downturns that a robust construction sector will emerge but how and when, we just do not know."

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