Financial Times FT.com

UK housebuilders

Public spending shores up building sector

By David Fickling

Published: August 13 2009 23:37 | Last updated: August 13 2009 23:37

Public spending on schools and hospitals is propping up the construction sector, driving up overall workloads to their highest level since last summer, says a report to be released on Friday.

Spending on building schools and hospitals is increasing at the fastest rate since 2007, with 5 per cent more surveyors estimating that their workloads are rising than those who say it is decreasing, according to the Royal Institution of Chartered Surveyors.

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