How construction is continuing to recover

Hudson Contract made 137,700 payments to tradespeople during September, up from 117,591 in August. This compares to a pre-lockdown peak of 149,067 payments in February and a trough of 80,625 in April.

Ian Anfield, managing director of Hudson Contract, said: “Demand for the most highly skilled tradespeople is as strong as it was before Covid-19.

“Our network of regional managers across England and Wales tells us that eight out of 10 subcontractors are now back on site, helping housebuilders to finish schemes while finance is still available in the housing market.

“With rising unemployment in the retail, hospitality and leisure sectors, we are expecting a bumpy period ahead for housebuilding.”

Overall, average weekly earnings for subcontractors edged down by 0.3 per cent to £874 during September.

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