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Wed October 23 2024

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Infrastructure blockages stall Northern Ireland housebuilding

6 days House-building in Northern Ireland has slowed dramatically this year and infrastructure bottlenecks are being cited as a cause.

Planning approvals halved in government’s first 100 days

15 Oct Latest report from Glenigan, the construction market monitoring business, reveals a 47% fall in planning approvals in the third quarter of 2024.

New work drives output growth as repair & maintenance slows

11 Oct Latest estimates from the Office for National Statistics show that construction output returned to growth in August.

BCIS sets out five-year building maintenance forecast

9 Oct Building maintenance costs are set to rise 16% by spring 2029, according to the Building Cost Information Service (BCIS).

PMI: Steepest rate of growth for 29 months

7 Oct Latest survey of purchasing managers indicates that UK construction grew last month at its fastest rate for nearly two-and-a-half years.

Industry has turned stagnant, says Glenigan

4 Oct The UK construction industry is a state of stagnation according to contracts monitoring outfit Glenigan.

Builders’ merchant sales still slow

3 Oct Takings in British builders’ merchants were down nearly 8% in July on a like-for-like basis.

BCIS forecasts 15% rise in costs over next five years

26 Sep Rises in the cost of construction over the next five years will be outstripped by tender price increase, the Building Cost Information Service (BCIS) is forecasting.

Tender price index up by 0.5% in third quarter

25 Sep Tender prices increased by an estimated average of 0.5% between the second and third quarters of 2024, according to the Building Cost Information Service (BCIS).

Subbies see earnings continue to rise

19 Sep Self-employed construction subcontractors enjoyed another rise in earnings last month, according to a leading provider of business services to the industry.

Housing planning approvals reach new low

19 Sep Planning permissions will need to increase by 55% to reach the government’s new annual target of 370,000 new homes.

ONS: Construction output stumbles

11 Sep Construction output in Great Britain fell 0.4% in volume terms in July 2024, according to Office for National Statistics’ latest estimates.

August PMI suggests UK construction has turned a corner

5 Sep Reports from construction purchasing managers indicate a sustained rebound in business activity in August.

Market slowdown continues for builders’ merchants

5 Sep With the housing market remaining in the doldrums, there is little sign of growth in demand for building materials.

UK house-building starts fall 34%

29 Aug House-building figures published by the Office for National Statistics this morning show a significant fall in new housing completions and an even bigger fall in new starts.

Construction leads on employee retention rates

22 Aug People in the construction industry stay longer with their company than those in most other industries, it appears.

Site wages grow for fifth consecutive quarter

22 Aug Construction site wages in the UK were up by an average of 2.4% in the second quarter of 2024 compared with the previous quarter, and up by 4.6% year-on-year, the latest data from the Hays/BCIS Site Wage Cost Indices shows.

Construction starts up 8% this year

15 Aug Construction starts so far this year are up by 8% compared with 2023, according to the August 2024 edition of Glenigan’s Construction Review.

Construction PMI hits 26-month high

6 Aug Construction purchasing managers report a sharp rise in activity immediately following the general election last month.

Merchants’ sales decline again

1 Aug Latest report from the Builders Merchant Building Index (BMBI) shows that sales volumes were down by 7% in May 2024, year-on-year, while takings were down by 5.2%

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