“Buy your diggers now” urges KPMG

Grant Prior 11 years ago
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KPMG’s head of construction is warning contractors they must invest now for the recovery or get left behind by their rivals.

Richard Threlfall, KPMG’s Head of Infrastructure, Building and Construction, was speaking after the latest  Markit/CIPS construction index recorded a six year high in output growth.

Threlfall said: “The positive figures provide further evidence that construction activity is finally picking up and should convert even the most hardened pessimist.

“There has been a growing sense in the last couple of months that the worst is over and these figures certainly confirm that.

“Construction companies now need to invest in growth.

“What is holding back the industry is not lack of demand, but the ability of businesses to resource for it and recruit sufficient experienced staff.

“The next round in this highly competitive market will be won by those who have the resources to compete.

“Companies need to act now, because the industry’s resurgence is already underway.

“UK construction is back in growth, order the diggers before they sell out!”

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