Small and medium-sized enterprises account for 99% of UK businesses, and of these, almost a fifth work in the construction industry. So it’s no surprise that the Prime Minister has put the industry at the heart of his Covid-19 recovery strategy.
On 30 June, Boris Johnson announced that homes and infrastructure would take center stage in the government’s economic growth plan, with £5bn of investment. As the industry is told to “build, build, build,” a number of large-scale projects have been announced to begin construction and lay the foundations for a healthy economy.
While the measures appear on the surface to be a major boost to the construction industry, questions have been raised about whether the projects will lead to work for SME construction and trade companies. In this guide, we take a closer look at the opportunities for small trade and construction companies to secure jobs through government investment in the industry.