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Construction sector poised for buoyant 2007 [electronic resource]

By: Language: English Series: Lloyds TSB Press Release ; 2 February 2007Publication details: 2007Subject(s): Online resources: Summary: Lloyd TSB's biannual "Business in Britain survey" reveals that 35% of construction firms plan to raise prices over the next six months, while only 8% plan to lower them. This is due to rising orders, with 49% of firms reporting stronger orders in the second half of 2006. However, fewer companies expect to see higher profits, a likely result of the higher wages firms have had to pay due to the lack of skilled workers.
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Journal article Virtual Online ONLINE PUBLICATION (Browse shelf(Opens below)) 1 Available 136498-2001

Lloyd TSB's biannual "Business in Britain survey" reveals that 35% of construction firms plan to raise prices over the next six months, while only 8% plan to lower them. This is due to rising orders, with 49% of firms reporting stronger orders in the second half of 2006. However, fewer companies expect to see higher profits, a likely result of the higher wages firms have had to pay due to the lack of skilled workers.