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Fri October 23 2020

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Demolition contractors report upsurge in market

16 Jun 10 Leading demolition contractors are reporting a recovery in the market, led by south-east England.

Leading demolition contractors are reporting a recovery in the market, led by south-east England.

Demand for new hotels ahead of the 2012 Olympics, private housing, plus a revival in the London office market are driving the recovery, according to the Financial Times.

The sector has suffered a 50% fall in workload since early 2007, but the top five demolition contractors are seeing orders pick up.

Kent-based Erith, where turnover dropped from £62m in 2008 to £38m last year, expects revenues to climb to around £45m this year, managing director David Darsey told the FT.

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