Rank: Forum user
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looks like I'm dusting off CV now, construction still open, workers at risk and even if they did close and pay 80% salary, theres no means to pay overheads. I believe our company pays about £70k per month in overheads, vehicles, loans, rent, phones, etc... not sure they can survive.
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Rank: Super forum user
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Craig, sadly I think small construction related companies will be hard hit in the looming recession. The construction industry always suffers in a recession as customers, domestic and non-domestic, scale back any building work. House sales will be stagnant causing a contraction of home improvement works.
Many of those working in construction are self-employed. Although the government have promised self-employed workers 80% of their earnings, low pay and especially those who do cash-in-hand work will mean they will badly suffer.
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