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Thu November 21 2024

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New orders drop 22% in third quarter

6 days Latest estimates from the Office for National Statistics put third quarter construction output growth in Great Britain at 0.8% but new orders are down 22%.

Trade earnings reach new high

6 days Construction labour rates hit a new high last month, reaching £1,048 per week for self-employed tradespeople, according to Hudson Contract.

NHBC registrations stabilise

14 Nov New home registrations in the third quarter of 2024 were up 40% on the year but marginally down on Q2.

Surveyors remain optimistic despite financial constraints

7 Nov A survey from the Royal Institution of Chartered Surveyors (RICS) indicates optimism among its members about business prospects in 2025.

FMB survey suggests workloads on the slide

7 Nov Small building companies are reporting falling workloads as well as continuing worker shortages and rising material costs.

October PMI shows construction growth softens

6 Nov Growth in UK construction activity slowed in the run up to last week’s budget but market conditions continued to improve, according to the latest monthly survey of construction purchasing managers.

Construction mineral markets start to stabilise

6 Nov Latest quarterly survey from the Mineral Products Association (MPA) shows signs of stabilisation in sales across Great Britain’s construction materials markets.

Merchant takings down 5.6% in August

31 Oct Britain’s builders’ merchants saw their takings fall 5.6% in August 2024, compared to August 2023.

UK construction’s demographic timebomb

28 Oct UK construction’s skill shortage has gone from bad to worse, according to CPA economists.

CPA upgrades its growth forecasts

28 Oct Construction economists appear to be feeling a little more upbeat about UK construction’s growth prospects.

Infrastructure blockages stall Northern Ireland housebuilding

17 Oct House-building in Northern Ireland has slowed dramatically this year and infrastructure bottlenecks are being cited as a cause.

Planning approvals halved in government’s first 100 days

15 Oct Latest report from Glenigan, the construction market monitoring business, reveals a 47% fall in planning approvals in the third quarter of 2024.

New work drives output growth as repair & maintenance slows

11 Oct Latest estimates from the Office for National Statistics show that construction output returned to growth in August.

BCIS sets out five-year building maintenance forecast

9 Oct Building maintenance costs are set to rise 16% by spring 2029, according to the Building Cost Information Service (BCIS).

PMI: Steepest rate of growth for 29 months

7 Oct Latest survey of purchasing managers indicates that UK construction grew last month at its fastest rate for nearly two-and-a-half years.

Industry has turned stagnant, says Glenigan

4 Oct The UK construction industry is a state of stagnation according to contracts monitoring outfit Glenigan.

Builders’ merchant sales still slow

3 Oct Takings in British builders’ merchants were down nearly 8% in July on a like-for-like basis.

BCIS forecasts 15% rise in costs over next five years

26 Sep Rises in the cost of construction over the next five years will be outstripped by tender price increase, the Building Cost Information Service (BCIS) is forecasting.

Tender price index up by 0.5% in third quarter

25 Sep Tender prices increased by an estimated average of 0.5% between the second and third quarters of 2024, according to the Building Cost Information Service (BCIS).

Subbies see earnings continue to rise

19 Sep Self-employed construction subcontractors enjoyed another rise in earnings last month, according to a leading provider of business services to the industry.

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