New payroll data from Hudson Contract show average weekly earnings for self-employed plumbers rose to £972 in July, handing them an extra £208 over the month.
Ian Anfield, Managing Director, said: “The housing market is booming with the price of the average UK home increasing by nearly £25,000 over the last year. We expect strong demand for new housing and renovation schemes to continue for the foreseeable future. The government is committed to big infrastructure investments as part of its ‘levelling up’ agenda, which is adding to confidence in the sector.
“The challenge for construction firms will be in managing rising costs caused by shortages in building materials and skilled labour. We encourage ministers to consider how the industry can increase access to skilled freelancers from Europe under the new immigration system. Self-employed subcontractors make up the most productive and flexible pool of resource in the industry and Britain needs them to deliver these projects on budget and on time.”
Hudson delivers the most accurate indication of subcontractor pay trends across the construction industry, publishing the average pay for a spectrum of 17 different trades split across 10 regions in England and Wales. It supplies statistics to the Bank of England to keep policymakers updated with real-time insights on demand for skilled labour.