10 June 2020
Figures quoted recently in the Roadmap to Recovery document published by the Construction Leadership Council suggest that the construction industry is worth some £413 billion, or 8.6% of GDP.
This obviously makes it a major driver for the economy. While it is too early to detect clear trends or trajectories, the fact that construction activity has continued throughout the Covid-19 outbreak, albeit at reduced levels, is positive.
Phil Winnington, the recently appointed MD of Winget, the mixer and dumper manufacturer, sees a sharp contrast between the current situation and the last significant downturn in 2008.
“Back then, construction was one of the first industries to decline and amongst the last to recover, but activity has continued this time and is picking up steadily. Contractors are umbilically linked to hirers and suppliers, and our industry has been outstanding in providing them with what they need in difficult times.”
Winget is a long-established British business dating back to 1908. Phil says the company aims to raise its profile and is looking forward to talking to customers about new product development.