At the end of November the Chancellor delivered his Autumn Budget. Following this the Office for Budget Responsibility (OBR) downgraded the projected economic growth rate, blaming it on weak productivity. The OBR cut growth forecasts from 2.0% to 1.5% for 2017/18, looking ahead to 2021 instead of the projected 2.0% the economy is also expected […]

In 67 per cent of local authorities in England, insufficient houses were built to meet demand in 2015/16 (DCLG 2016; DCLG 2017). Across England, of the 265,936 houses that are needed, just 189,650 new dwellings (71 per cent) were provided. While other factors, such as money supply, play their part, this is impacting on the […]

The IHS Markit/CIPS UK Construction PMI November 2017 report shows a marginal upturn in construction output for October, led by housing activity. However, confidence regarding a 12-month outlook dropped to its weakest since December 2012. The Index registered 50.8 in October up from 48.1 in September moving back above the 50.0 neutral mark; however this […]

“I want to send the clearest possible message to housebuilders that we the Government will make sure the land is available, we’ll make sure you have the skills you need, and in return, you must do your duty to Britain, and build the homes our country needs.” Will Theresa May’s message to housebuilders make a […]

The ONS have released their Construction Output in Great Britain: August 2017 figures, showing that construction output contracted by 0.8% on a 3 month on 3 month basis in August, but remains at relatively high levels. This decline was mainly due to decreases in both repair and maintenance and all new work falling 0.6% and […]

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 latest mid-year forecast for 2017 from Glenigan shows that political uncertainty and doubts over the Brexit negotiations are slowing the construction industry’s prospects for the next 2 years. The forecasts suggest that the total value of underlying new project starts is set to rise by just 1% in 2017 and a further 2% in […]

According to the report from IHS Markit and CIPS UK Construction PMI, last month saw residential building outperform commercial construction and civil engineering activity, despite the most recent increase occurring at the slowest pace in three months. A new study from Glenigan reveals the number of affordable housing units in the planning pipeline leapt by […]

With the General Election over and done with focus turns once again to Brexit. Some experts believe that as the UK leaves the EU some of the large construction projects in the UK will be undermined by uncertainty around foreign investment, as well as the cost and availability of labour and materials. Meanwhile some of […]

A major CITB (Construction Industry Training Board) report into migration and the construction industry has revealed that a third of firms employ migrant workers. Over a third of employers who employ staff from outside the UK say they do so because there are not enough skilled applicants from the UK, rather than for cheaper labour. […]