Construction

Construction activity returned to pre-lockdown levels last month, with contract awards increasing by 58% over March to £9.1billion – a level of activity last seen in January 2020, according to the latest edition of...

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...

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%...

UK construction companies indicated a renewed increase in total industry activity during March, thereby ending a six-month period of decline, according to the latest S&P Global report. House building and commercial construction activity were both...

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...

The near five-year high in construction output post-lockdown showed signs of slowing last month, according to the latest IHS Markit survey of purchasing managers, with respondents mostly pointing to a lack of new work...

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...

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...