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 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…

11th June 2024

Is your supply chain secure?

Disruption of critical infrastructure is becoming more and more prevalent with hackers targeting UK Government departments directly, with recent high profile and high impact attacks on the NHS (link) and UK MOD Payroll (link). Whilst the obvious targets would seem to be in the defence environment, hackers are looking to…
4th June 2024

McAndrew Martin proudly supports Thomas Bennett CC Fundraiser

McAndrew Martin proudly supports Thomas Bennett CC Fundraiser for St Catherine’s Hospice At McAndrew Martin, we believe in supporting our local communities. Recently, we were approached by our client, BAM FM, with a request to support the inspiring children of Thomas Bennett CC about sponsoring their efforts to raise funds…
28th May 2024

Empowering Future Engineers: Max Marshall inspires students at TBS, Ascension Island

At McAndrew Martin, we believe in nurturing curiosity and inspiring the next generation of engineers. Recently, our very own graduate engineer, Max Marshall, visited TBS (Two Boats School) on Ascension Island to engage with Year 11 students, to shed light on the fascinating realm of structural engineering. Max, who has…
23rd April 2024

Mc Andrew Martin Limited has been awarded a place on the Framework for Worldwide Electrical Inspection & Testing Programme

We are delighted to announce that following a rigorous tender process, Mc Andrew Martin Limited has been awarded a place on the Framework for Worldwide Electrical Inspection & Testing Programme in the Asia region covering a range of FCDO assets in some highly prestigious countries such as Hong Kong, Malaysia…
15th April 2024

A Glimpse into the Minds of our winners of the McAndrew Martin Ltd Staff Awards

As we celebrate the successes of the past year at MML, it’s time to recognise the outstanding individuals who have played a pivotal role in our achievements. Today, we have the privilege of hearing from some of our award winners as they share their thoughts and reflections. Lee Sergeant –…
4th April 2024

Bastion Protects as Partner of the Year

At our recent End of FY Presentation event, MML were delighted to invite our trusted partner Bastion Protects and present them with the award for MML’s Partner of the Year.Over the past 12 months, MML and Bastion Protects have joined forces on over 100 projects throughout the UK, consistently surpassing…
4th April 2024

McAndrew Martin Ltd completes MBO, backed by private equity firm Roycian Ltd

Roycian, the Private Equity firm backed by a portfolio of private investors and family offices, completes £7million MBO of specialist property services business, McAndrew Martin Ltd. Founded in 1989 by Bill McAndrew, McAndrew Martin is an award-winning, multi-disciplinary property services business, with its headquarters in Cosham, Hampshire. The business provides…
21st March 2024

Welcoming Dave Sykes as Director of Security

McAndrew Martin Ltd is excited to announce that David Sykes has joined our team as Director of Security to lead our new Security consultancy business. With 22 years in the British Army in security and intelligence roles, and a further 11 years supporting blue chip clients in UK, Dave brings a wealth…
13th March 2024

McAndrew Martin Ltd.’s Inaugural Staff Awards Ceremony

The inaugural Staff Awards Ceremony, hosted at the Portsmouth Marriott Hotel, marked a significant milestone in McAndrew Martin Ltd.’s history. Employees gathered for an afternoon dedicated to celebrating staff members’ efforts and providing crucial updates on the company’s direction. Here’s a brief recap of the afternoon: Bill McAndrew, our founder,…