Boom time

NEW figures have revealed the total value of commercial and retail construction contracts in August almost doubled compared to the same month in 2013.

Barbour ABI, the provider of the Government’s Construction and Infrastructure Pipeline, has published its latest Economic & Construction Market Review, which shows the value of these contracts totalled more than £870 million in August, a 95.8 per cent increase on the same month last year and 17.4 per cent higher than July.