Construction sector losing confidence
![](https://www.scotsman.com/webimg/legacy_elm_12216758.jpg?crop=3:2,smart&width=640&quality=65&enable=upscale)
![](/img/placeholder.png)
The Federation of Master Builders’ “state of trade survey” found workloads have fallen in each of the past 16 quarters and confidence in the repair, maintenance and improvement (RM&I) market is plunging.
Brian Berry, the federation’s director of external affairs, said: “The disastrous results for the RM&I market are very alarming.”
Advertisement
Hide AdAdvertisement
Hide AdCommenting on the Scottish construction sector, John Hall – Scottish council member with insolvency trade body R3 – said: “Given the continued squeeze on facilities by lenders, it is highly likely that many more businesses in the construction sector will fail in the coming year.”
COMMENT, PAGE 37