The UK construction sector sees a strong rebound post COVID-19 impact
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The UK construction industry was adversely impacted by the virus outbreak last year, with output declining by 14% in 2020
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The industry is expected to rebound and grow by 13.5% in 2021. According to the ONS, the industry registered a YoY growth of 53.3% in Q2 2021, although this is largely due to base effects
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Infrastructure construction was the strongest-performing sector in 2020, and will remain a key source of growth for the industry in 2021. In September 2021, the UK government published its National Infrastructure and Construction Pipeline, which outlines GBP548.3 billion ($762 billion) investment in infrastructure projects over the next 10 years
The UK construction sector sees a strong rebound post COVID-19 impact
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