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21 February 2025

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Construction insolvencies down 8% in 2024

2 days New data from the Insolvency Service shows the number of registered company insolvencies in the construction industry was down 8% last year.

Glenigan: Major project starts dry up

3 days There was a 19% drop in the value of construction project starts in the three months to the end of January, according to Glenigan’s latest report

Construction labour rates up 8.6% in past year

14 Feb Labour rates in construction continue to show strong annual growth despite the usual seasonal dip in January.

Fourth quarter output up 0.5% despite slow December

13 Feb Official estimates suggest construction output in Great Britain grew by 0.5% in the fourth quarter of 2024 despite a 0.2% fall in December.

Survey confirms continued preference for structural steelwork

12 Feb A steel industry survey confirms the material’s continuing dominance for framing non-domestic buildings.

Construction PMI slumps back to negative

6 Feb Latest monthly survey of industry purchasing managers indicates a fall in UK construction output last month.

Quarry firms welcome recovery signals

5 Feb The Mineral Products Association reports ‘cautious optimism’ among its members as sales begin to grow.

Materials producers move into recovery phase

4 Feb UK manufacturers of construction products report a third consecutive quarter of sales growth as they gradually climb out of the doldrums.

Gloom and doom depress merchants’ sales

31 Jan Labour doom-mongering and the chancellor’s Autumn budget contributed to a decline in builders merchant sales in November.

London sees build-to-rent construction slowing

22 Jan Analysis of house-building in London reveals a slow-down in the growth of the build-to-rent sector.

Construction starts rose 20% in 2024

21 Jan A bullish data report from Glenigan reveals that construction project starts in 2024 were 20% above 2023 levels.

Construction output up 0.4%

16 Jan Construction output in Great Britain returned to growth in November, according to the Office National Statistics, on the back of the private commercial sector.

Tender prices to rise 19% by 2029

16 Jan Building costs will increase by 17% over the next five years, while tender prices will rise by 19% over the same period, according to the Building Cost Information Service (BCIS).

Double-digit growth for Northern Ireland

16 Jan Construction output in Northern Ireland grew by 10.5% in 2024, according to cost consultant Aecom, and there is more to come.

Construction recovery loses momentum

7 Jan Latest monthly survey of construction purchasing managers suggests that industry output continues to grow but with decreasing certainty.

Planning approvals continue to fall

7 Jan Third-quarter planning permissions slumped to a new low for house-builders.

Daily takings down again for buiders' merchants

2 Jan New data from the tills of Britain’s builders’ merchants show sales struggling to rally.

Late payment for roofers gets worse

18 Dec 24 Latest quarterly survey of National Federation of Roofing Contractors (NFRC) members finds the blight of late payment getting worse.

Construction inflation reckoned to have bottomed out

13 Dec 24 Construction economists appear to believe that build cost inflation has reached its lowest point of recent years and is about to start moving up again.

Weather takes toll on merchant sales

10 Dec 24 A wet summer is being blamed for slowing sales in Britain’s builders’ merchants in the third quarter of 2024.

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