Construction bouncing back from lockdown but no-deal Brexit threat still looms – CPA
Strong demand for new private housing and repair & maintenance looks set to mitigate the historic falls in construction growth during lockdown but the industry is not out of the woods yet and faces...
Lords call to ‘get SMEs back’ to fight new homes shortfall
The UK could be 25,000 homes a year nearer to tackling the urgent housing crisis if the sharp decline in the contribution of SME housebuilders could be reversed, according to a report published yesterday...
FMB calls for green retrofit plan to offset construction issues
The government needs to come up with a National Retrofit Strategy to offset the construction issues including growing unemployment, according to the Federation of Master Builders.
Chief Executive Brian Berry said such a strategy would...
‘Good but not enough’ – first reactions to Autumn Statement
The new chancellor’s Autumn Statement has received a cautious welcome by industry bodies with the early consensus summed up as ‘a step in the right direction’ but more is needed.
Construction Products Association Economics Director...
RMI growth ‘propping up’ construction amid continuing decline in new work
Repair, Maintenance and Improvement (RMI) is continuing to show growth offsetting similar negative figures in new work around the industry, according to the latest ONS figures.
While RMI put on 2.1% in November and 3.8%...
Supply crisis sees construction drop below pre-pandemic levels
Construction output fell by 1.6% in July, taking it 1.8% below the February 2020 pre-pandemic level, while the repair and maintenance sector grew by 0.6% – amounting to £27million – in the same period,...
FMB backs Labour’s homes plan
The Federation of Master Builders has come out in support of Labour’s proposed planning reforms, saying they ‘offer the best hope to build the homes we need.’
Chief Executive Brian Berry said: “The Labour Party...
Homebuilding leads construction upturn – Markit
A steep rise in homebuilding has led a strong upturn on construction activity at the end of the third quarter, with firms increasing their purchasing at the quickest pace for nearly five years, according...
Construction downturn easing – S&P
Construction activity is continuing to decline but at a slower rate than at any other time since the current downturn began, according to the latest S&P Global report.
Tim Moore, Economics Director at S&P Global...
More gloom ahead, say CPA and S&P
Further evidence of growing pessimism over the future of the industry has come from two reports this week, with the Construction Products Association forecasting a 3.9% drop in output next year and the latest...
