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,...
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...
Supplier delays and inflation ease but housing slows – S&P
Supplier delays and input cost inflation around the industry have begun to recede but housing activity fell for a third month in a row amid an overall picture of construction growth, according to the...
Merchants see like-for-like Q2 sales nearing 15% up
Total value of sales from Britain’s builders’ merchants grew by 7.6% in April to June over Q1 but four fewer trading days in the period took like-for-like sales to +14.8%, according to the latest...
Further easing of supply and price issues – Markit
The industry is continuing to pull out of the combined blights of supply bottlenecks and soaring prices with now only a third (34%) of firms reporting problems last month against nearly half (47%) in...
‘We need retrofit strategy, not another reshuffle’ – FMB
Another cabinet reshuffle – including the fifth new housing minister in 12 months – will do nothing to ease the woes of SMEs without bold policy action, says the FMB in response to the...
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...
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...
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...
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...
