The UK construction industry showed modest growth in September 2024, continuing a positive trend despite challenges.September 2024 saw a 0.1% increase in construction output, driven by…
Industry leaders have launched a new initiative to drive technology adoption in UK construction.The Information Management Initiative (IMI) aims to integrate digital tools such as BIM…
Despite a slowdown, the UK construction sector continued to grow in October, driven by civil engineering projects.The PMI for October was 54.3, a decrease from September’s…
Kajima is on the verge of resolving financial obligations from its UK construction operations.In 2023, the firm spent £6.5 million addressing remaining commitments in the UK…
The UK’s construction industry is grappling with economic challenges post-pandemic.A significant rise in insolvencies highlights the strain on construction firms.Labour’s recent Budget aims to address these…
Rachel Reeves announces significant changes in her first budget, impacting various sectors, including construction.Employers’ national insurance contributions will increase, affecting many businesses’ profit margins.The construction industry…
The UK construction industry is facing a significant skill shortage, worsening over the years.The Construction Products Association (CPA) highlighted a demographic crisis five years ago, which…
The Construction Products Association (CPA) has issued updated autumn forecasts, indicating a cautiously optimistic outlook for UK construction.Following a challenging period, the industry anticipates a 2.5%…
The UK construction merger and acquisition (M&A) sector has seen a downturn, yet glimmers of recovery are emerging.M&A activity declined significantly in 2023, frustrating key market…
Explore how Connected and Autonomous Plant (CAP) could revolutionise the UK construction industry.A report by Costain indicates a potential £61bn boost to the UK economy by…
