Data

The amount of construction work starting on site in the run-up to Christmas was a fifth lower than the same period a year earlier, research has revealed. Data from industry intelligence provider Glenigan showed the value of projects getting underway in the final quarter of 2023 was significantly down compared…

SAD TIMES Annual construction fatalities rose 55 per cent in 2022/23 over the previous period. There were 45 deaths compared with 29 in 2021/22, according to the latest figures from the Health and Safety Executive. Chartered Institute of Building chief executive Caroline Gumble said: “Sadly, 45 people in our sector…

Construction output dropped by 0.5 per cent in October, newly released official figures show. As the overall UK economy shrank by 0.3 per cent in the month, data from the Office for National Statistics (ONS) shows that a decline in construction activity contributed to the fall. The sector’s volume drop…

IMAGE CRISIS Sixty-nine per cent of adults would not consider a career in construction, YouGov polling shows. Ryan Jones, founder of industry-image campaign group Deconstruction, which commissioned the poll of more than 2,000 people, said:“If we want to encourage new young people to enter the sector, we need to move…

Construction starts have hit their lowest level for at least a year, according to new research. Industry analyst Glenigan reported that the volume of projects breaking ground on site in the three months from September to November was down 12 per cent from the previous three-month period. It was also…

Construction starts have plummeted across the board as the sector battles a sluggish economy, with the only cheer coming from a modest rise in planning approvals. The November issue of Glenigan’s quarterly construction review shows that project starts fell 27 per cent in the three months to October, to stand…

A fifth less construction work will start on site this year than last, a report has warned. Industry economists warned that the dip in activity created by the stagnant economy would take more than 24 months to recover from. Analyst Glenigan said just £60.7bn of new work will get underway…

PROFIT HIKE The pre-tax profit reported by Esh Group in its annual financial results for 2022, up from £530,000 the previous year.  Turnover increased to £261m, up by 2.4 per cent or £6m compared with 2021. Esh chief executive Andy Radcliffe said: “Our focus on targeting key sectors that present…

Newly released Creditsafe data shows that construction administrations almost doubled year-on-year in October, with 37 failures compared with 19 the year before. And the year-to-date total of 312 marks a 58 per cent increase compared with the first 10 months of 2022. Eleven firms were large enough to file turnover…

Building tender prices in Scotland have risen by 5 per cent in the past year, according to the Building Cost Information Service (BCIS). The BCIS’s newly-formed Scottish Tender Price Assessment Panel also said that tender prices in the country rose by 1.0 per cent on average over the third quarter…