ONS warns of covid-19 cost to construction

By Jonathan Owen2020-08-27T12:14:00

A significant number of firms have been living beyond their means, new figures show

Almost half of construction companies have seen their turnover drop in recent weeks due to Covid-19, according to new figures released by the Office for National Statistics today.

The data, based on a survey of 464 firms earlier this month, shows that 46% of firms suffered a reduction in their turnover between 27 July and 9 August. Just 9% saw their turnover increase.

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