20/01/2011
The UK construction industry is heading for its fourth consecutive year of falling production and falling output, while car production in the UK rose by more than 20% last month.
The UK construction industry is heading for its fourth consecutive year of falling production and falling output, as smaller businesses struggle with a lower workload and higher prices. We ask Richard Threlfall, the UK head of building and construction at KPMG, why the bigger companies are back in profit while the smaller ones are struggling.
Figures out from the Society of Motor Manufacturers and Traders later this morning are expected to show that car production in the UK rose by more than 20% last month. Professor David Bailey, from the Coventry University Business School, explains the consequences of the big gap between what the car industry can produce, and what it is going to sell.
Meanwhile, Thames Water is letting thousands of families off the hook for paying their water bills. Mike Tempest is customer service director for Thames Water and explains that if customers come forward now, they can avoid six years of back charges.
Finally, The King's Speech has been packing cinemas since its release early this month but Screen Yorkshire, one of the companies behind its making, is in a bad way and faces the prospect of having to lay off nearly all of its staff. Sally Joynson, chief executive of Screen Yorkshire, tells us more.
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