How 2020 Impacted the Construction Companies In London?

How 2020 Impacted the Construction Companies In London?

2020 has thrown a lot of curveballs our way, with the Covid-19 pandemic significantly affecting on all our lives.

Let’s take a look at how the Covid-19 has impacted contractors across the UK, and potential ways forward for future.

How was the refurbishment industry affected by COVID-19?

One of the important shifts this year has been the move to move to work from home, as a part of the stay-at-home orders from the UK Government.

In a survey conducted by Construction Online, 87% of respondents agreed that their organizations had been affected by COVID-19, with 67% of tasks seeing suspension. With COVID-19, we’ve seen an impressive effect on the economy as well, and 38% of construction companies in London referred to that they’ve faced financial challenges this year.

How can construction business carry on in 2021?

Despite of the doom that 2020 has brought, there is a hope ahead for the construction business. If this year has shown us anything, it’s that we need to adapt to survive and it’s the same for fit-out organizations.

Firstly, it’s unlikely that office spaces will disappear by and large. Instead, they’ll need to execute Coronavirus secure measures, for example, sneeze screens and socially-distanced work stations. While this will require small changes for a few, other organizations will require a completely new workspace set up to get this going.

Secondly, in the move towards working from home, it’s the good opportunity for the fit-out and refurbishment industry to focus on small projects. Whether it’s making specific home workplaces for individual clients or updating the workplace’s mechanical and electrical jobs to accommodate more video conferencing, construction companies in London are still significant to workplaces across the nation.

Here at HWB Constructions, our experienced team can help with full office fit-outs, small works, just as mechanical and electrical works. As the main fit-out organization in London, we’re dedicated to make each alteration and refurbishment project a success.

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