April tends never to be a particularly profitable month for subbies and this year is no exception. Earnings are slightly down – by an average of 2.3% or £19 a week – due largely to the two Easter bank holidays and associated school holidays.
Hudson Contract Managing Director Ian Anfield observes: “It’s a reminder that while freelancers can choose when to take time off, unlike their PAYE counterparts, there’s no entitlement to holiday pay. The slight silver lining is that earnings nationally are still modestly higher than they were this time last year.”
|Region||April 2018 Average||Change from March 2018|
|Yorkshire & Humber||£778.00||+1.54%|
|East of England||£861.00||-3.83%|
To view our interactive pay trends map click here
This month's winning trades
And the losers:
Meanwhile, the latest CIPS/IHS Markit UK Construction Purchasing Managers’ Index rose sharply in April to its highest level for five months, indicating renewed confidence and expansion. House building, in particular, has rebounded to the strongest seen in the past two-and-a-half years.
“Commercial and civil engineering have also returned to modest levels of growth,” Ian Anfield adds. “That’s encouraging, when you consider huge projects like Crossrail have come to an end and not been replaced by new work. In fact, what I think we’re seeing for the industry as a whole at the moment is a slowdown in London and the surrounding areas while the rest of the country remains strong.”
A further set of construction statistics have also been released by the Government. These show a 2.7% contraction between January and March, reflecting the Carillion bankruptcy and the impact of the ‘Beast from the East’.