White paper calls for ‘radical change’ towards single product competence standard
A call for the entire built environment sector to unite behind a single standard of product competence has been made in a new White Paper from a working group led by the Consumer Products...
Price hikes hit manufacturers’ hopes after two years of growth
Product manufacturers reported an eighth successive quarter of sales growth in Q2, according to the Construction Products Association’s State of Trade Survey, but expectations have been dampened by accelerating cost inflation.
Within the overall, RMI...
Industry still suffering under supply chain, inflation and cost of living
Materials inflation, now running at at 25%, supply chain issues, pandemic issues and Ukraine are all contributing to continued uncertainty in the industry, according to the latest monthly Snap Analysis from Barbour ABI.
Chief Economist...
Housing growth still dogged by consumer fears
Sluggish growth in house building was the biggest cause of the lack of momentum across construction, brought about by subdued consumer confidence and worries about the economic outlook, according to the latest PMI figures...
Inflation forces drop in profit forecasts – CPA
Continuing increases in energy and materials costs have forced construction profit margin forecasts to drop to the lowest level since 2020, with Wales and the South West, followed by Scotland, expected to suffer the...
Are we heading for a full-blown summer recession? – Barbour
Levels of contract awards and planning approvals last month were well below those seen in March, according to the latest monthly Snap Analysis from Barbour ABI.
Chief Economist Tom Hall said: “After a stellar performance...
Rising costs and economic uncertainty hit growth
UK construction companies reported another strong rise in business activity during April, but the speed of recovery lost momentum amid weaker new order gains, according to the latest CIPS Construction PMI report from S&P...
Construction buoyant but strong headwinds coming – CPA
Construction activity is set for a dramatic slowing in growth with further uncertainty ahead as global issues start to affect the UK market, according to the latest quarterly forecast from the Construction Products Association.
The...
Ukraine and inflation drive construction optimism to 18-month low
A continued rise in construction output last month was offset by the combined impact of inflationary pressures and the war in Ukraine which drove industry confidence down to the weakest since October 2020, according...
Housing hopes gather pace with more planning green lights
The future of UK housing is looking optimistic with £3.8billion of plans granted the go-ahead last month, clearly higher than the £3.5billion average throughout 2021, according to the latest figures from Barbour ABI.
The residential...
