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Why we should be looking forward to 2017

20162017

Five reasons 2016 was better than you thought (and one thing you can do today to kick start 2017)

Imagine if you could wind the clock back on 2016 and start the year again. Would you do it?  It’s understandable if you’re thinking “hell, yes!” Brexit, the deaths of superstars such as David Bowie and Prince and the shock election of Donald Trump caused many a gloomy headline this year.  The architecture and construction industries have not been immune to the political upheavals of 2016 but as we head towards the end of the year the sector is faring exceptionally well.

Here are 5 reasons to be cheerful as we head into 2017..

Construction at a nine-month high

Brexit didn’t turn out to be the apocalyptic event many feared it would be and six months on, after some initial unsteadiness, things are looking pretty stable.  In fact, in many cases it’s been the opposite of the disaster some predicted with construction activity hitting a nine month high in November and firms such as the Shaylor Group reporting booming order books.

Photo:News&Star

Record government spending on infrastructure projects

The new chancellor, Philip Hammond, announced a record £500 billion for a new infrastructure pipeline in his autumn statement.  Transport links, housing construction and better broadband are all planned as part of the huge infrastructure project with money coming from both the public purse and private investment. Details of the PF2 projects are due to be announced in early 2017. Exciting times ahead!

Photo: Construction Enquirer

Photo: Construction Enquirer

Affordable housing hits the headlines

There was more good news for the industry in the chancellor’s autumn statement with billions of investment announced for new affordable homes.  At the beginning of December the government also pledged significant funding to regenerate existing run-down housing estates across the country. News which was welcomed across the industry.  And build to rent investment continues apace with new developments announced in Bristol, Manchester, Leeds and Birmingham, among other UK cities.

photo: building.co.uk

photo: building.co.uk

London is booming

The tallest tower in the city of London, 22 Bishopsgate, is to go ahead despite fears Brexit could have put the brakes on. French investment manager AXA decided to back the 62 storey office block which many saw as a strong vote of confidence in the London market.  Asian investors are also feeling buoyant about the city and will be pumping billions into East London construction projects in the next eight years. As a result of this investment it’s expected that 20,000 full time jobs will be created.  Meanwhile, tech giants Google and Apple, are building new headquarters in London. Google is to build a huge 10 storey building in King’s Cross, and Apple will base itself in the Battersea power station redevelopment.

Photo: Dezeen

Photo: Dezeen

Employers are looking for new talent

With all this positive activity in the industry 2017 looks set to be a busy year and employers need a strong workforce.  Some firms held off on hiring during 2016 while uncertainty hung in the air but there are signs they are now on the lookout for new recruits.

So, if your new year’s resolution is to earn more money, find a new challenge, or take the next step on your career ladder then do one small thing towards it today – send us your CV and see where it might lead. 2017 awaits!

Send  your CV to consult@hunterdunning.co.uk or call one of the Hunter Dunning team on 01243 779789.