Author: adminBoxedred

A Look at Mental Health and Wellbeing in Construction

According to ONS figures, the UK suicide rate among low-skilled male labourers is three times higher than the national average for men. Yet this shocking statistic and the under-lying pressures on mental health and wellbeing received barely any attention until just a few years ago. It’s a sad indictment for a macho industry that was […]

0.9% increase for the residential sector in 2019

The residential sector contract awards in 2019 were valued at £23.0 billion an increase of 0.9% on 2018. This follows on from 7.4% decrease in 2018. Following good growth in contract awards values between 2015 and 2017, there appears to have been some levelling off in 2018 and 2019. Key to this has been the […]

January sees contract awards increase by 18.5%

The total value of construction contract awards in January 2020, was £5.5 billion based on a three-month rolling average. This is an increase of 18.5% on December 2019 and is also 2.1% ahead of January 2019. In the three-month period ending January 2020, total construction contract awards were valued at £15.6 billion which is 7.1% […]

Construction contract awards hold steady in 2019

The latest data release from the ONS indicates that in the three months to November 2019 construction output increased by 1.1% on the previous three-month period. Key to this growth was a 1.6% increase in new work with repair and maintenance reporting a smaller 0.2% increase. Comparison with the three-month period ending November 2018 shows […]

Balfour Beatty tops the Contractor League Table for December

The results are in for December’s top 50 Contractors in the UK. Balfour Beatty topped the table with three contract awards at a total value of £297 million. The award of the Midland Metropolitan Hospital in Smethwick, a project that was originally contracted to Carillion, contributed £267 million to their total. In second and third […]

Growth trend continues as contract award values increase by 9.1% in November

The value of all construction contract awards in November 2019 was £5.4 billion based on a three-month rolling average. This is an increase of 9.1% on October, and an increase of 20.2% when compared with November 2018. Despite the increase in value of contract awards, the quantity has decreased by 1.0% in November to 855. […]

Sir Robert McAlpine tops the Contractor League Table for November

Sir Robert McAlpine took the top spot this month with five contract awards totalling £561 million. A mixed development at Gateshead Quays contributed £250 million to the total. BAM Construction and Vinci Construction were in second and third place for November 2019, with a total contract award value of £122 million and £98 million respectively. […]

UK Construction Activity – October 2019

Talks of Brexit swallowed October up right until the final week when an extension was granted by the European Union, buying the UK another three months times to reach a decision. Since, a general election has been called. This will undoubtedly create another interesting couple of months for the UK economy and therefore the construction […]

Preparing for Brexit: Maintaining a strong construction sector post-Brexit

The UK’s impending exit from the EU is likely to be an epochal moment. Depending on the form of the exit, the impact of Brexit on the construction industry could be minor, or there could be very severe economic consequences. Assessing the different outcomes of Brexit Considering the major impacts of a non-disruptive Brexit and […]