Construction start-ups are more successful than new businesses in any other industry, new research has shown.
The UK’s fascination with bricks and mortar meant a 6.1% increase in new construction businesses started over the last year, according to the research by Barclays Bank. All other industry sectors saw a fall.
“The British public have always been big DIYers, spending a record £10.7bn last year,” said Barclays director John Davis. “Now many of these people are taking that interest and turning it into a business, whether they are plasterers or property developers.
“There doesn’t seem to be any let up in our national property obsession, so it doesn’t seem likely that there will be a shortage of construction entrepreneurs in the future.”
For full report on builder start-ups see the Barclays Bank research.
