Category: News

ISG top the contractors league table for April

Designed to provide company intelligence for those working within construction and beyond, we report on the top 50 contractors, architects and clients for the month as well as the last 12 months. The top contractors in the UK for April 2019 ISG head the top contractors table for April 2019 awards thanks to eight contracts […]

UK construction sees marginal decline in activity for March 2019

Barbour ABI data on all contract activity revealed that the value of all construction contract awards in March 2019 was £5.3bn based on a three-month rolling average. This is a 1.2% decrease on February but is 0.6% higher than for March 2018. Quarterly analysis indicates that in the three-month period ending March 2019, total contract […]

What trends are impacting home improvement activity in Great Britain?

Home improvement figures across Great Britain decreased in 2018 with the number of planning applications dropping by 2.8%. What drives households to spend on home improvement will vary over time, place to place, household to household. Many factors will influence decisions. Exploring these various factors reveals how the pattern of which households are most likely […]

Residential sector looking positive with an upturn in contracts awarded

Housebuilding

The residential sector had a particularly positive February with £1.7 billion contracts awarded, an increase of 13.1% on January.  Residential unit numbers also increased – up by 5.4% on January at 9,850 units.  Following the residential sector in terms of contracts awarded was infrastructure with a 13.9% share and education with a 12.3% share. The […]

Infrastructure grows in January

Barbour ABI - construction project leads

We continue to see that the infrastructure sector remains open to considerable volatility in monthly contract award values.  However, looking at the trend over the last two years, the sector remains relatively robust with contract awards consistently above the £500 million threshold. The latest edition of our Economic & Construction Market Review is now available […]

UK construction contracts awarded down 13.1% during 2018

The January edition of our Economic & Construction Market Review has just published. It shows that during 2018 the value of construction contracts awarded was £61.6 billion, a decrease of 13.1% on 2017.  The number of contracts was also on a downwards trend with 10,352 awarded, a decline of 8.2% on 2017.  In good news […]

Budget gives a much needed boost to the housing sector

Budget

Not the most illuminating Budget, but at least Philip Hammond had a new joke writer. I actually chuckled at one of them, when I usually just want the ground to swallow me up. Gone are the days of George Osborne promising to “study the viability” of x, y or z. Hammond is heavy on detail […]

House prices cool for summer

Housebuilding

House price growth is slowing which could have an impact on the speed of housing construction… Reading over the latest output figures from the Office for National Statistics it appears that construction continues to perform strongly in the first quarter of 2017. The industry grew by 0.2% in Q1 compared with the final quarter of […]

Housing is a numbers game we are not winning

Private housebuilding is the fastest growing sector in construction but major investment is needed to solve the housing crisis… The long-awaited housing white paper was recently released and anyone hoping for a silver bullet remedy to the “housing crisis” was to be disappointed. I am being slightly facetious when I say that, since no single […]