Archive for the ‘Booming construction’ category

Construction hits seven month high in October

1 November 2016 - Booming construction, Construction output - admin - Comments Off on Construction hits seven month high in October

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With all of the talk of Brexit and possible recession  the UK’s construction industry particularly housing building has shown a “solid” rise after construction activity hit a seven-month high in October, but firms were hit by Brexit uncertainty and soaring costs from the falling pound, according to a report released today by Markit/CIPS UK Construction […]

New funding to train 45000 construction workers by 2019

22 March 2016 - Apprenticeships, Booming construction - admin - Comments Off on New funding to train 45000 construction workers by 2019

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Over 45,000 new homebuilding workers will be trained by 2019 to help tackle the nation’s housing shortage through a £2.7 million initiative announced today by the Construction Industry Training Board (CITB) and Home Builders Federation (HBF). The first of its kind, the Home Building Skills Partnership – working with research on their needs from some […]

Construction industry showed excellent growth 2015

9 January 2016 - Booming construction - admin - Comments Off on Construction industry showed excellent growth 2015

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The commercial construction sector helped the building industry to finish 2015 in a strong position, the latest survey of purchasing managers from Markit/CIPS suggests. According to the UK Construction Purchasing Managers’ Index (PMI), buyers were feeling more optimistic in December than the previous month, registering a score of 57.8. This reading is an increase on […]

House builders extra £4 billion “help to buy” in budget

24 November 2015 - Booming construction - admin - 2 Comments

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Housebuilders have been buoyed by the budget with the Chancellor George Osborne with an extra £4 billion for new homes with house builders looking to meet the ever growing demand for homes although he still faces a Everest style deficit . The  extra £4 billion will be used to boost the number of homes available […]

Construction firms “Highly Upbeat” about future

5 November 2015 - Booming construction - admin - Comments Off on Construction firms “Highly Upbeat” about future

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New research form Markit/CIPS Purchasing Managers’ Index (PMI) confirms construction firms are still “highly upbeat” about the future, buoyed by the quickest growth in new business for 12 months, according to a new report. The number of people working in the UK construction industry, meanwhile, has not been higher since November 2014. October’s Markit/CIPS Purchasing Managers’ […]

Construction out output reaches 7 month high

2 October 2015 - Booming construction - admin - Comments Off on Construction out output reaches 7 month high

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Rises in house-building, commercial work and civil engineering helped output growth in the construction sector to hit a seven-month peak in September, according to the latest poll of construction buyers. The survey, carried out by Markit and the Chartered Institute of Procurement and Supply (CIPS), rose from 57.3 in August to 59.9, its highest level […]

“Go Construct” launched to help meet skills crisis

25 September 2015 - Apprenticeships, Booming construction - admin - Comments Off on “Go Construct” launched to help meet skills crisis

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The construction industry is today launching ‘Go Construct’, a new campaign to encourage people to consider a career in construction in an effort to fill more than 220,000 new jobs that will be created in the sector. The initiative comes as research shows four in five Brits wish they had received more advice and guidance […]

Construction industry growth ‘set to soar’

23 September 2015 - Booming construction - admin - Comments Off on Construction industry growth ‘set to soar’

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Construction industry growth is set to go from strength to strength between now and the end of 2016, according to a report by top economists. Total productivity in the sector will more than double according to the figures put together by Leading Edge. Using constant 2011 prices to make their estimations, the researchers have indicated […]

Neville and Giggs seal funding for 200m scheme

3 September 2015 - Booming construction - admin - Comments Off on Neville and Giggs seal funding for 200m scheme

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  Ryan Giggs and Gary Neville, development company has secured funding for a major housing scheme in Manchester city center the funding comes from a Far Eastern investors. Rowsley, a publicly-listed company controlled by Singaporean billionaire Peter Lim, and Beijing Construction Engineering Group, have signed a funding agreement to develop the 1.8-acre plot, known as […]

Two thirds of builders turning away work

18 August 2015 - Booming construction, Construction output - admin - Comments Off on Two thirds of builders turning away work

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Skills shortage leads to 66% of small and medium size building companies turning away work due to lack of skills. The latest survey from the Federation of Master Builders also revealed that almost half of firms have been forced to outsource work to third parties rather than leave projects unfinished. A lack of apprenticeships is […]


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