After a period of generally disappointing economic growth during 2011 and 2012, the U.K. economy demonstrated clear signs of recovery during 2013 and 2014, which is generally expected to continue into 2015. We’re seeing a number of commentaries that point toward growth across a broad range of industries and regions.
The U.K. self-storage market can be said to mirror that what’s happening in the overall U.K. economy. This is unsurprising given that 60 percent of all storage space occupied (by area) is linked to the housing market, while the remaining space is used by business customers.
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