Morris Leslie plant hire company rises from losing millions to investing £70m

Perthshire plant hire giant Morris Leslie was hit hard by the Covid 19 pandemic, however the company was struggling before that because of Brexit. Six months before Covid 19 shut down building sites and locked down the UK the company Morris Leslie has already experienced tough times. Uncertainty because of Brexit had already caused building projects to be shut down or paused causing a much lower demand for plant hires and sales. This slowdown had caused an oversupply of construction equipment meaning more competition and so reduced prices. Then Covid 19 hit and the group’s vehicle auctions and Sunday car boot market were shut down.

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