Construction

UK construction companies recorded a sustained rebound in business activity during December, according to the latest PMI data compiled by IHS Markit. Stronger order books helped to drive the recovery across the construction sector, with...

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...

UK construction output is predicted to fall by 4.7% this year with house building and RMI feared to be the worst hit before recovering with a marginal growth of just 0.6% next year, according...

Construction is expected to fall into recession this year with a 2.2% drop in output before turning to of 2.1% growth in 2025 and further growth of 3.6% in ’26, according to the spring...

Confidence amongst constructors dropped into negative territory last month for the first time since the initial Covid-19 wave and for only the sixth time on record amid expectations of a recession and poor demand...

Further optimism for growth alongside easing supply issues has come this week from the Construction Products Association with a forecast that construction will put on a ‘robust’ 4.3% this year before slowing to 2.3%...

A rapid drop in availability of construction subcontractors last month added further pressure to ongoing transport, staff and materials shortages, taking order books to the lowest level since the January lockdown, according to the...

Transport shortages and delays as well as the sharpest rise in building costs for over two years helped bring an end to seven months of growth in UK construction output, according to the latest...

New prompt payment rules that could see slow-paying contractors facing a ban on bidding for public work have now come into force. Companies bidding for large contracts must now show they can pay all invoices...

Sales of construction products continued to grow in Q4 2020 despite growing concerns over material and component import issues, according to the latest Construction Product Association’s (CPA) State of Trade Survey. The increase reflects a...