After years of challenges, signs of recovery emerge in the construction industry.Inflation and interest rate hikes have posed significant hurdles for the sector.The new Labour government’s…
M&J Evans, a leading groundworks contractor, reported a significant profit decline due to a slowdown in the housing market.The company’s turnover and pre-tax profit both experienced…
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 UK is witnessing a surge in company insolvencies, exceeding the levels seen during the financial crisis. Analysts are pointing to soaring interest rates and reduced…
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 Bank of England has cut interest rates for the first time since March 2020. At its latest meeting, the central bank’s Monetary Policy Committee (MPC)…
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…
