Browsing: economic conditions News
The UK construction sector shows signs of recovery with a positive August PMI reading, indicating growth across several areas.The S&P Global UK Construction Purchasing Managers’ Index…
Grafton Group reports a challenging start to 2024 with a notable decline in profits and revenue.Despite a 23% fall in pre-tax profit to £71.7 million, Grafton…
The UK is grappling with an ambitious plan to build 1.5 million homes, raising numerous questions and challenges. Labour’s determination to meet this target has ignited…
In July 2024, London’s construction sector faced significant challenges, marked by downturns in pivotal areas.London reported a 19% decline in work starting compared to the previous…
Construction output in June 2024 shows signs of recovery, with a 0.5% increase.New work and repair/maintenance sectors contribute to the growth.Economic conditions and improved weather foster…
In July, the UK retail sector witnessed a notable decline in footfall, with overall figures dropping by 3.3% compared to the previous year. This downturn follows…
The latest Builders Merchant Building Index report reveals a surge in April 2024 sales compared to the previous year, primarily due to an increase in trading…
Bellway, a prominent housebuilder, has reported a shift to net debt amounts in its latest financial update, sparking discussions about market conditions.The company revealed a net…
A significant reduction in graduate hiring is observed in the UK as 57% of employers cut back amidst economic uncertainties.Recent data indicates a drop of nearly…
In the first quarter of 2024, construction output in Great Britain decreased by 0.9%, highlighting ongoing challenges for the industry.This setback was attributed to a 1.8%…
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