Tag: Construction

According to an analysis by accountancy firm Mazars, 17% of all insolvencies were construction companies last year. The construction sector is experiencing the highest number of insolvencies of any industry in the UK, it says, with 4,370 companies failing in the year to 30th November...

According to the Construction Products Association (CPA) Winter Forecasts, published today, construction output is forecast to fall by 2.1% this year due to falls in private housing new build and repair, maintenance & improvement (RMI) – the two largest construction sectors. The slowdown in private...

Scotland’s chief surveyor Morag Angus, Napier University dean of School of Computing Engineering & the Built Environment Peter Andras, small business minister Richard Lochhead and Scottish Futures Trust Minister chief executive Peter ReekieThe Construction Leadership Forum (CLF) – a collaboration between government and industry –...

Mobilityways, a carbon analysis consultant,  published its 48-page Road to Net Zero Study last month, with findings from a nine-month investigation of large UK organisations’ progress in addressing decarbonisation in their operations and supply chains. It has followed this up with a comparative study* exploring...

The latest Begbies Traynor Red Flag Alert report into the nation’s corporate health asserts that 7,849 construction companies are in ‘critical’ financial distress, up from 5,919 just three months ago. There has also been a 15% increase in the number of construction firms in ‘significant’...

Last month the Scottish government revealed its draft Scottish budget for 2024/25, which will have significant impacts on the Scottish construction industry. The budget sets out the Scottish government’s proposed spending and tax plans for that period. Deputy first minister and finance secretary Shona Robison...

Private construction is busy despite the vacuum at StormontAccording to a report from construction consultant Aecom, in the 12 months to 30th June 2023, total construction volume output in Northern Ireland was up by 7.8% year on year. Growth was primarily driven by repair &...

Bellway homes CGIPennwood Grange, as the development is to be known will be built on a 21-acre site to the north of Amersham Road in Hazlemere, between Badger Way and Tralee and Orchard End Farms. It will have a mix of one and two-bedroom apartments,...

Pictured (l-r) are newly appointed construction directors Bryan Haynes, Declan Martin and Carl Murrells along with HG Construction chief executive Adam Quinn and commercial director Greg PurkissThe Hitchin-based company says the reorganisation has been prompted recent growth that has seen annual turnover rise from £150m...

Construction output in Great Britain fell 0.6% in the three months to November 2023, according to the ONS. This came solely from a decrease in new work (3.6% fall), as repair & maintenance increased by 3.8%. Monthly construction output is estimated to have decreased 0.2%...

Clegg’s leadership team, left to right, pre-construction director Ross Crowcroft, managing director Michael Sims and operations director Darren ChapmanPromotion of Michael Sims to the top job at Clegg Construction comes with the retirement of Simon Blackburn, who has been at the helm of the Nottingham-based...

James Wimpenny is retiring at the end of the monthJames Wimpenny, executive director of Bam’s UK and Ireland construction division, has decided to retire on 31st January 2024. Interim arrangements have been made while a successor is being sought. James Wimpenny joined Higgs & Hills...

Jenny McLaughlin, a project manager at Heathrow Airport and APM corporate member, who has ADHD and dyslexia, says project professionals can “provide the mandate to create a more systematic inclusive world”The Association for Project Management (APM) has found that 46% of professionals in the construction...

Heavy rains led to delays in OctoberThe Office for National Statistics reports that monthly construction output is estimated to have decreased by 0.5% in volume terms in October 2023, compared to the previous month. This follows an increase of 0.4% in September 2023, with the...

Overall contract awards are down 14% year to date, with most sectors failing to match 2022 through to November, according to the latest analysis from Barbour ABI. Rising interest rates, political uncertainty and continued price inflation are cited as contributory causes. Planning applications in October...