The construction industry in the UK is displaying cautious optimism as it recovers from the COVID-19 pandemic. This resurgence is significantly reflected in the latest figures…
UK households’ confidence in the economy has dipped for the first time in six months. This shift is driven by growing concerns over the future economic…
The resurgence of housing demand has positively impacted sales of structural materials for the first time since 2022.A survey by the Construction Products Association highlighted a…
The Bank of England has lowered its interest rate for the first time in more than four years, marking a pivotal move in economic strategy.This adjustment…
The construction sector is bracing for a tougher year as growth forecasts are revised downwards.The Construction Products Association (CPA) has lowered growth expectations for 2024, forecasting…
Cyber threats and thefts are increasingly significant challenges for the construction industry, according to recent data.Cyber attacks accounted for nearly 6% of all incident responses from…
The construction sector continues to grapple with high insolvency rates despite a decline in May’s figures.Construction remains the worst-hit sector for insolvencies, with 4,287 cases in…
The Bank of England has confirmed that interest rates will remain at 5.25%, highest level for 16 years. At its latest meeting, the Bank’s nine-member Monetary…
The construction industry in England and Wales is facing unprecedented financial challenges, with insolvencies reaching an alarming peak.In the year leading up to April 2024, a…
Buyers are waiting for interest rates to come down before purchasing a new home, research suggests. A regular survey of chartered surveyors found that demand for…
