Low-risk expansion

Growing confidence among UK manufacturers is fuelling a 25% rise in demand for extra storage space, according to temporary buildings supplier Spaciotempo. The company has invested £500,000 in new stock and taken on five new staff after experien cing a sharp increase in demand for its products over the past year.

Demand for temporary buildings acts as an effective barometer of business confidence because the products are the first port of call for companies looking for a low-risk solution to support expansion plans, says the comapny. Instead of having to relocate, lease new premises or invest in bricks and mortar, businesses can erect temporary buildings on spare land on their site within a matter of days.