Glenigan predicts the future of construction under Conservative leadership

According to recent projections by Glenigan, in their forecast for construction under Conservative leadership 2020-2021, the value of underlying construction starts in Britain is expected to grow by a proportion of one per cent by the end of 2019, increasing to two per cent growth by the end of 2020, and five per cent growth by the end of 2021.

Breaking this down by way of each sector, it can be seen that construction projects within the retail and office sectors will initially benefit from Conservative leadership, with the value of underlying construction project starts within these two sectors expected to increase by one per cent and six per cent respectively by the end of 2019.

Furthermore, the underlying value of project starts within the hotel and leisure sector are likewise expected to do well over the longer term, increasing by a proportion of one per cent by the end of 2020 and by five per cent by the end of 2021, with many economists attributing this to a lowering value of the pound making Britain a cheap, popular tourist destination.

Adding to this, the value of underlying projects within the education and health sectors are expected to increase over the long-term after suffering a poor start, with the value of starts expected to decline by a proportion of nine per cent and 12 per cent respectively by the end of 2019 before increasing by four per cent and eight per cent respectively by the end of 2021.

Strangely, however, major projects and infrastructure are expected to fluctuate under Conservative leadership as the underlying value of projects within the civil engineering sector are expected to dramatically increase by a proportion of 22 per cent by the end of 2019 but will fall to just five per cent by 2020 and will remain unchanged by 2021.

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