UK Construction Online - News, Contracts & Site Reports across …
Millions secured to get Britain building. 6 Nov 24. Tens of thousands of new homes are set to be built across Britain funded by over half a billion pounds worth of impact investments. Councils to get £68M to build thousands of new homes on brownfield sites. 5 Nov 24. Councils are to be given £68M to build thousands of new homes on disused ...
UK construction costs forecast for 2025: Trends and Insights
Oct 10, 2024 · 1. Rising material costs. One of the most significant factors affecting construction costs is the price of building materials, and this trend is expected to continue through 2025. The construction industry relies on materials like steel, concrete, timber, and glass, all of which have seen price fluctuations over recent years due to supply chain ...
UK construction costs set to rise by up to 3.8% in 2024
Feb 29, 2024 · Construction costs in the UK are predicted to rise by 3 – 3.8% this year, following an increase of 4.1% in 2023. Increases will challenge construction firms, which will need to develop new processes and capabilities to keep costs under control and projects on track. The findings are shared in How to navigate 2024: Balancing challenge with ...
Budget 2024 - Building strategy - UK Construction Online
1 day ago · Budget 2024 – Building strategy. 13 Nov 24. On Wednesday 30th October, Chancellor of the Exchequer Rachel Reeves offered us our closest look yet at the Labour government’s ambitious vision for the UK economy. Here’s a quick round up of how the budget will affect our sector. Infrastructure: Building a Brighter Future.
2024 Construction predictions - UK Construction Online
Jan 8, 2024 · 2024 Construction predictions. 8 Jan 24. 2023 has been a major year for construction, bringing significant change. Most notably, legislation reform, particularly around building safety and sustainability which have been major drivers, with many businesses now adapting to new laws. Other areas have also seen huge advancements, digital ...
What happened in the construction sector in 2021?
Dec 16, 2021 · Goodbye 2021 (*waves*) It’s been a hectic year in the construction sector with many large-scale builds green-lighted only to be hampered by supply chain issues. The green agenda has been thrust into the spotlight more than ever before and there’s been plenty of other bumps in the road. What a year of turmoil you’ve been, you’ve had us ...
Green trends set to shape UK building industry
Net-zero buildings are becoming increasingly popular. The UK government released a Net Zero Strategy in October 2021, which details how to create 440,000 jobs and invest £90Bn by 2030 while still taking strides to reduce climate change contributions by 2050. Up to £90Bn of private investment and 440,000 well-paid jobs in green industries will ...
Futureproofing the UK construction sector
Aug 16, 2021 · According to current estimates, UK construction output is expected to stand at 4.3% in 12 months’ time and is projected to trend around 3.8% in 2022 and 2.5% in 2023. We believe that this is the time to invest in the sector, in order to safeguard against future disruptions and potentially unlock an estimated £190bn in annual global profit ...
Construction 2021: A year in review - UK Construction Online
Dec 23, 2021 · Skills shortage. In June 2021, the ONS reported that the number of EU workers seeking jobs in the UK has dropped by 17%. But unlike the supply issues, the UK’s skills shortage began long before the UK’s departure from the EU. In 2018, the ONS reported that construction had fallen out of the list of top 10 jobs for people aged 22-29.
Construction News - UK Construction Online
Oct 29, 2024 · How sustainability and innovation can help construction companies in limit financial loss. 28 Oct 24. Construction businesses are facing many challenges to their bottom line at once, but utilising creative strategies to innovate can help mitigate losses while also …