Top 10 Facts about UK Construction

The UK’s construction industry is fast becoming one of the most important sectors in the UK. Since the recession, it has regularly shown growth and become resilient to tricky economic conditions.

Below is SBF’s rundown on the key facts and figures of the Construction industry, indicating its importance to the UK economy:


7.8% Construction Output as % of GDP

£109 billion added to UK economy (2009)

> 2.2 million employed in UK Construction

> 194,000 construction companies trading in UK

£18.7 billion orders received from private sector (2009)

£15.1 billion orders received from public sector (2009)

420 million tonnes of material used by constructors each year

33,500 jobs created in construction by London 2012 Olympics

62 construction companies employee over 1,200 people (2009)

75,400 construction companies employ only 1 person (2009)


Knowledge for Small Business and Large Enterprises

At Skipton Business Finance, our invoice finance facilities, such as our UK-leading invoice factoring and invoice discounting solutions, grow in line with your business.

We are pioneers in not just providing invoice factoring and invoice discounting to businesses up and down the country, but also in helping our clients grow and become better.

That's why we have a dedicated section of our website that focuses on offering free knowledge on a range of topics that you may find helpful for your business.

Author: 
Michelle Phillips