News

Keegans a Top 150 Consultant

Published on 25-09-2017

Keegans are delighted to be once again listed in Building Magazine's top 150 consultants. 

Building also report that 'Overall, staff numbers have been on the rise in 2017. Globally, the Top 150 upped staffing levels by 3.4%, while in the UK total chartered staff rose by 6.5% and total overall staff increased by 12.5%, which is a significant jump from 2016’s much smaller increase of 5% in overall total UK staff.

Market outlook
The immediate outlook for the industry does not offer much comfort, with the most recent data from the Office for National Statistics showing that construction output decreased by 1.2% in the three months to the end of July. The latest Markit/CIPS UK Construction Purchasing Managers’ Index (PMI) also showed business volumes falling for the second month.

But the Bank of England, despite holding interest rates at a historic low in its latest rates decision, reported that a “slightly stronger picture” for the economy had emerged on the back of a “slightly firmer” housing market, stronger employment growth and a rise in retail and new car sales, which boosted the pound against other major currencies. Nevertheless, last week the Monetary Policy Committee continued to warn that there are still “considerable risks” to the economic outlook as the UK’s split from the EU unfolds.

These concerns and the general uncertainty about the political and economic situation here and abroad are reflected in Building’s sentiment survey, taken as part of the league tables compilation, which was carried out in the run-up to June’s general election and shows a drop in optimism, with only 31% of the Top 150 confident about the UK’s prospects, compared with 43% last year.

Despite the general lack of optimism, over half of the Top 150 still expect trading conditions to stabilise in the coming year, while another 47% anticipate trading conditions improving.'

For the full Building article and list of consultants click here