The ONS have released their Construction Output in Great Britain: July 2017 and new orders April to June 2017 figures, showing that construction output contracted by 1.2% on a 3 month on 3 month basis in July. This decline was mainly due to decreases in both repair and maintenance and all new work falling 1.8% […]

The ONS have released their Construction Output in Great Britain: March 2017 and January to March 2017 figures, showing that construction grew for the 5th consecutive period on a 3 month on 3 month basis, rising by 0.2% for Q1 2017. Supporting this positive view the Glenigan Index April 2017 shows the value of work starting on […]

2017 Spring Budget – no new major announcements for construction The CPA, in response to the budget, say anyone seeking major announcements are likely to be disappointed, going on to say there were only a handful of announcements relevant to construction. Many of these were carried over from the previous autumn budget, including a £220 million fund […]

In our presentation, 2016 Construction Markets – a year in review, we look back at the highs and lows of 2016. Including how the UK construction market reacted to the EU referendum and the budget statement. The NBS have also written a review of construction in 2016, explaining how uncertainty has been the underlying theme and what […]

The Construction Products Association’s latest construction forecasts gives a mixed picture for construction over the next two years, due to the impacts of the uncertainty following the EU referendum. Construction activity is expected to remain flat in 2017 and 2018; however this hides variation at the sector level, with growth in infrastructure and education offsetting […]

The Construction Products Association have released their latest State of Trade Survey, reporting continued growth in sales of construction products in Q2 2016, making this the 13th consecutive quarter sales have increased. Manufacturers displayed pessimism about prospects for the year ahead, even though 75% of survey responses were received before the outcome of the EU […]

EU referendum uncertainty is stalling construction growth There are clear signs that uncertainty around the EU referendum is concerning businesses. The latest CBI Growth Indicator showed the pace of growth in output across manufacturing, distribution and service sectors for May 2016 was broadly similar, with a balance of 11% of firms reporting a rise in […]

The CBI economic forecast for May expects the UK economy to grow but at a slower rate through 2016 and 2017, saying global economic risks, including uncertainty ahead of the EU referendum, are starting to weigh on investment plans. Building have surveyed 1,300 professionals and found 63% believe remaining in the EU would be the best outcome […]

At the end of March the Government Construction Strategy 2016 – 20 was released. The strategy presents ideas on improving efficiencies and increasing productivity in government construction, to deliver £1.7 billion efficiencies and support 20,000 apprenticeships. It is hoped increased productivity will support government to deliver the £163 billion of planned projects identified in the spring 2016 […]

With the Chancellor’s 2016 Budget Statement earlier this week, the CPA have created a podcast that explores the implications of the government’s announcements on construction product manufacturers and distributors. Government has identified Crossrail 2 as a ‘priority’ and is providing £80million to develop the project. Government have also allocated £750million for flood defences. Alongside this the HS3 rail link between Manchester […]