Recovering Commercial Construction Sector in UK: Ken Research REQUEST FOR SAMPLE REPORT Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit The UK was one of the first countries to industrialize and dominated the global economy in the 19th century. United Kingdom is the fifth largest economy in the world measured in the terms of PPP. Their currency is pound sterling and it is the third largest reserve currency. It is one of the most globalized economies in the world. In 2015, UK was the sixth largest importer, the ninth largest exporter and has the second largest stock of inward and outward foreign direct investment. Its economy is dominated by services and highly driven by its pharmaceutical industry, northern sea oil and gas and aerospace industry among others. The nation has a low mortality and birth rate which implies like all the other developed nations it has a slow population growth. The nation has almost cent percent literacy rate and this is attributed to universal public education system introduced in 1870. The number of people above 65 years is significantly high. Majority of the people live in the urban areas but the rate of urbanization currently is steady. The net immigration rate is very high and this was one of the major reasons for Brexit. Market research firm, Ken Research in its recent study says, the biggest factor that is said to influence UK’s economy is the Brexit vote. However, contrary to popular predictions that UK economy would be in a deep trouble after the Brexit vote, the growth of the nation has been slow as before. It is not that it has been completely unaffected by the referendum. As the value of pound Sterling fell, the fiscal deficit has risen. The sudden drop in the value of pound has given rise to many complications. The import costs have shot up and doing global business has become expensive. This vote also led to a tiff between tesco and its biggest supplier, Unilever. Unilever wanted to increase prices in the UK to compensate for drop in value. This led Tesco to temporarily stopping sale of its most famous brands – including Marmite – to online shoppers. The report titled “Commercial Construction in the UK to 2020: Market Forecast” says, the construction industry in the UK is comprehensive and has more than two hundred thousand firms employs about 3 million people. This industry holds a sizable size in the GDP of the nation and counts amongst the top ten construction industries of the world. Most of the construction is done by private entities. The three main sectors of the industry are commercial, residential and infrastructure. However, this industry has hit a rough patch after the referendum to leave European Union. In 2016, it was the first time in four years that the output had fell for two consecutive quarters. The industry trouble has been put down on the recent cut in government spending; fall in public investment after Brexit vote and rapid urbanization. As inflation seeped into the construction industry the prices has raised sharply which has further intensified the problem. The industry has always been criticized for being wasteful, adversarial, fragmented, dominated by single disciplines, conservative and poor at disseminating knowledge. Commercial construction refers to construction of buildings for commercial usage such as shops, offices, malls etc. Commercial construction has fallen sharply in the last year and their profits have shrunk badly. This industry has low level of ownership and has erratic returns. The work for these firms have disproportionate effect on the industry revenue thus does not exercise much influence. For more coverage click on the link below: http://www.kenresearch.com/manufacturing-and-construction/infrastructure/commercial-construction-uk/80502-97.html Related links: http://www.kenresearch.com/manufacturing-and-construction/infrastructure/industrial-construction-uk/80503-97.html http://www.kenresearch.com/manufacturing-and-construction/infrastructure/worldwide-construction-industry-research-report/115-97.html Tags: Commercial Construction industry in UK, New Institutional projects UK, UK commercial construction market future Outlook, UK construction Industry Research Report, UK Construction Market Players, UK Infrastructure Industry Trends, UK Institutional Construction market, UK Real Estate Industry Future Outlook, UK Residential Construction Sector
