Construction activity in London understandably has a positive impact on the local economy, but people both inside and outside the industry may not have realised just how important it is to regions quite some distance from the city. A recent report by PricewaterhouseCoopers (PwC) and commissioned by London First found building work in the capital actually triggers a raft of benefits in the north-east of the country. In total, the boost enjoyed by the north-east is worth £12 million a year and includes 280 jobs, reports the Northern Echo. PwC looked at the direct and indirect impact of a variety of developments in London since 2008, as well as those that are due to be finished by 2016. It was discovered that London can have a wide-reaching effect on the UK economy. Baroness Jo Valentine, chief executive of London First, said: "The value of investment in London is huge in terms of generating jobs and economic benefits in London itself, but the knock-on contribution to regional economies is more impressive and shows the boost that London businesses provide to the rest of the UK." It seems that companies handing out construction jobs in London are actually having a hugely positive effect on the nation. For instance, 84 per cent of expenditure on central London office developments was found to remain in the UK. Marcus Robinson, partner at PwC Newcastle, said: "While it is no surprise that London benefits from office development, it is striking that further contribution to the regions is almost double with a significant part going to the north-east." In total, the construction of offices in London creates 34,600 jobs, with 22,400 of these held outside the city itself. This trade also adds some £1.7 billion of gross added value to the UK economy. With this in mind, the creation of construction jobs is not only vital in London, it could also be more important than many people realise to various parts of the UK, including the north-east.
According to the latest women in engineering statistics from EngineeringUK 2017 report “women make up only 1 in 8 of those in engineering occupations and less than 1 in 10 of those in an engineering role within an engineering company”. Would having more women engineers help tackle
How is the UK going to cope after Brexit? According to a report from IHS Markit data research firm, based on answers from over 400 recruitment agencies, demand for staff rose sharply across the private sector in April. However “demand for staff is growing within all sectors and all
This month the Anglo family celebrates a BIG Anniversary for one of our longest standing team members, Tina White, who has been working and leading the Water Team for 22 fantastic years in 2017! It is hard to imagine for some of our youngest staff that someone has been working tirelessly for