A slow start to 2018 for construction, with output expected to remain flat for the year The ONS released their Construction output in Great Britain: December 2017 figures, showing a continuing decline. Construction output contracted for the eighth consecutive period on a 3 month on 3 month basis, falling by 0.7%. This contraction represents the […]

An uncertain picture for construction going into 2018 Despite talks with the government for a deal Carillion PLC has collapsed and entered into compulsory liquidation. The company has £900m worth of debt and a £587m pension deficit. This collapse puts thousands of construction jobs at risk and will affect many smaller contractors who were working […]

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% […]

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 […]

Since the EU referendum the economic outlook for the UK in general and for construction specifically has been uncertain. The recent Glenigan Breakfast Briefing, held in London on Tuesday 22nd November, provided the outlook for construction markets going into 2017. Here is my take on the event. Heightened uncertainty & sterling depreciation shocks the economy The […]

The ONS have released their Construction output in Great Britain: June 2016 & April to June 2016. Output was estimated to have decreased by 0.9% in June 2016 compared to May 2016. Also output was estimated to have decreased by 10.7% in Q2 2016 compared to Q1 2016 due to downward pressure from decreases in […]

The Build UK State of Trade Survey for Q2 2016, shows a positive but stabilising picture of prospects for contractors, with 46% operating at over 90% capacity. Contractors also saw an increase in output of 22% for Q2 2016, significantly more than the 5% growth recordered in Q1 2016 and the 3% seen in Q4 […]

Competitive Advantage in conjunction with the Chartered Institute of Marketing Construction Industry Group (CIMCIG) has set up a quarterly survey to measure the impact of Brexit on Sales & Marketing in the construction sector. Please follow the link to give us your feedback and register for a free report of the findings. Here is a […]

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 […]