Green shoots of recovery growing rapidly

Who doesn’t like a (nice) surprise? Well there was a pleasant one yesterday when it was revealed the economy has grown at a faster pace then expected.
Revised figures from the Office for National Statistics (ONS) have shown that it grew by 2.8% rather than 2.6% last year.
It means that 2014 enjoyed the high rate of annual growth since 2006 when it surged ahead at 3%.
Increased production, services and household spending were among the reasons for the success as well as strong export figures.
Prime Minister David Cameron has repeatedly stressed the need for greater exports to help balance the economy.
In March, his Chancellor George Osborne revealed that the Office for Budget Responsibility (OBR) ( had forecasted growth of 2.5% in 2015.
It can be confusing with so many different organisations and departments issuing statistics at different times but the main point is that they all point upwards – to continued growth for the economy.
From the green shoots of recovery, the economy does finally seemed to have gained traction with sustained growth.
With falling inflation, historic low interest rates and competitively priced mortgage deals, it’s good news for many people.
We’ve noticed the uplift at McAndrew Martin with increased demand for our property related services, including a wide range of surveys, architectural design, electrical and mechanical engineering and conservation work.
Clients range from housebuyers needing surveys and homeowners seeking to extend their properties as well developers and businesses gaining the confidence to start investing again.
Let’s hope that this time next year all of the experts have upgraded growth for 2015, showing we’ve had an even better year than expected!
The BBC always has a good – and easily understandable – analysis of the latest economic figures. Visit for more details.
Don’t forget you can always follow us on Twitter under @McAndrewMartin, like us on Facebook and connect with us on LinkedIn.
You can also email our friendly and expert team at [email protected] or call on 02392 697193.

Who doesn’t like a (nice) surprise? Well there was a pleasant one yesterday when it was revealed the economy has…

6th February 2024

A Dynamic Collaboration in Topographical and Utility Surveys

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25th January 2024

Piloting the Company Drone

During a recent survey at a site near Canterbury, our apprentice building surveyor, Josh O’Leary, was accompanied by our experienced surveyor and drone pilot, Rob Graham, as part of Josh’s learning and development plan. Together, they piloted our company drone through a demolition site assessment, shedding light on the remarkable…
13th December 2023

New MML strapline

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5th December 2023

McAndrew Martin Ltd is very pleased to announce that Luis Correia has joined our team

Luis is an extremely accomplished, creative, and innovate Chartered Structural Engineer. With over 16 years in the industry, he is driven by architecturally-led buildings and has been exposed to a variety of scales, typologies, and sectors (residential, commercial, transport and energy). This has led to extensive experience of working in…
28th November 2023

Congratulations to our BIM Co-Ordinators

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28th November 2023

RAF Leadership & Team building Day at RAF Cranwell, OASC.

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21st November 2023

Warsash Wasps Sponsorship

McAndrew Martin Ltd is delighted to have sponsored The Warsash Wasps, U9 Girls’ football team. We’ve supplied them with training tops and waterproof jackets to support their training during the colder and wetter weather conditions. We extend our best wishes for their success and look forward to continuing our support…
14th November 2023

Remembrance Weekend

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9th November 2023

Insights from PROCUREX Wales

In today’s rapidly evolving world, it’s imperative for industries to come together and explore ways to reduce carbon emissions and foster sustainable growth. Recently, some members of our team had the privilege of attending Procurex Wales, an event that promised to shed light on cutting-edge strategies in this critical domain….