Building business.
The construction market is reporting a significant growth in business. Shona Cronin looks at what this means for the insurance industry.
The construction market is one of the few sectors enjoying amuch-needed resurgence of business. This growth can be attributed to a
variety of factors such as the increase in private finance initiatives,
millennium developments and the continued re-development of areas such as
Docklands and Canary Wharf, and has placed the industry second only to the
retail sector in size. It encompasses 200,000 VAT-registered firms which
generate approximately £58bn in turnover. The surprise growth of the
industry
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