The Construction Leadership Council has set up a group that will focus on the fallout of Brexit on the construction industry. The establishment of the working group is a reflection of the worries that some leaders in the industry have that leaving the EU will negatively affect the sector, already rocked by COVID-19. The working […]
Britain’s large manufacturers are struggling to boost their productivity despite improving the measure being seen as key to the UK’s economic recovery from Covid-19, according to a new Lloyds Bank survey. Seven out of ten (70%) manufacturers surveyed say it’s a challenge to become more productive. Eight in ten (81%) admit their businesses suffer from […]
Developer Southern Grove has secured planning permission to create a series of highly desirable mews houses in a popular residential area of north London. The scheme, Granville Mews in leafy Finchley, has a GDV of £5.5m and is a prime example of how developers can take advantage of key infill sites to provide much-needed family […]
The total value of construction contract awards in October 2020 was £4.9 billion based on a three-month rolling average. This is a decrease of 9.4% on September and follows three consecutive months of good growth. Annual comparisons show it as 1.1% lower than for October 2019. In the three months to October 2020, total contract […]
Major work to lay the ground for building 6,500 new homes and 1.2 sq ft of commercial development in York city centre is to start early next year. Councillors voted in favour of the first phase, backed by £77m of government funding, on 45 ha of land next to the city’s station. The site is […]
Development of a second office building at Friargate in Coventry is set to take a major step forward this week with contractors beginning work on site. Following a comprehensive tender process Bowmer and Kirkland has been appointed by the Friargate Joint Venture to deliver Two Friargate and work started this week. Two Friargate will be […]
Construction companies who have teams of self-employed workers from the EU are in danger of losing these workers from the end of June 2021, say leading tax and advisory firm Blick Rothenberg. Heather Powell, head of property & construction at the firm said: “ Whilst it is possible for employers to sponsor self-employed workers for […]
Galliford Try Construction took this month’s top spot in the contractor league tables after being appointed the contractor for eight major projects totalling just under £343m. Projects include the Perceval House redevelopment in London and a replacement railway station for Perry Barr. New entrant, Bouygues Group occupy second position this month with two awards totalling […]
Q3 2020: RICS UK Construction and Infrastructure Survey Construction workloads fall but at a reduced rate compared to the previous quarter; Infrastructure and private housing seen as leading the sector over the next year Construction workloads have fallen for another quarter as the sector grapples with the economic effects of the COVID-19 pandemic, but growth […]
Office and retail property in the UK continue to struggle with further drops in demand, but industrial property is already showing solid signs of recovery, according to the Q3 2020 RICS UK Commercial Property Survey. The decline in occupier demand continued in Q3, as a net balance of -33% of respondents reported a fall in […]
29/01/2021
Edition 290 – January/February 2021
It’s the economy By Business Money group editor Robert Lefroy The Long Haul 2...
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