Welcome to 2015
Feb 26 2015
After a quiet Christmas; January started with a bang! We have seen a sudden increase in enquiries and firm instructions for surveys particularly for substantial construction works. We have substantial involvement in a large residential redevelopment in West London and the expansion of multiple sites for commercial purposes. Refurbishment of a 12 storey tower block and several Expert Witness cases, all becoming live in the last couple of weeks.
We believe this is as a result of continuing confidence in the British economy, with a mix of overseas investors and home grown firms committing to the future. The recent plunge in the Euro and Rouble has clearly encouraged safe haven and we are benefiting!
The slow down in China and drop in oil prices should also enable reductions in materials costs which will encourage more development and increased profit for contractors.