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Construction sector will enter recession next year - Sisk CEO

Steve Bowcott, the boss of Ireland's largest construction firm, seeks relaxation of working hours to lift productivity

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Bloomberg

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Ireland's construction sector will enter recession next year despite the new programme for government this week pledging a funding blitz for infrastructure and housing, according to the boss of the country's biggest building group, Sisk.

"I think, overall in construction, there will be a recession," CEO Steve Bowcott told the Irish Independent. "We're just keeping an eye on what size that will be."

He added that Sisk might not be as badly hit as other construction companies.