The UK’s construction industry is critical to the country’s economic growth and here Gareth Randle, Senior Sector Specialist at R&D tax specialist, ForrestBrown, underlines the importance of funding innovation/R&D for the sector’s long-term prospects, even [read more…]
Contract awards fell by a third to just £4.7bn in April, with major sectors suffering, according to the latest figures from construction analysts Barbour ABI. Infrastructure was hit the hardest, falling 71% to just £400m [read more…]
Leading social value experts at Loop are today (Thursday 27th April) launching a survey for the construction market, which aims to identify where the wider industry sits on social value, and where things can be [read more…]
Rising costs add £23bn to the cost of construction output when compared to pre-pandemic price levels; inflation pressures are expected to continue through the first half of 2023. The Office for National Statistics (ONS) has [read more…]
Analysis of government data highlights growth in the construction industry in response to high demand, but the sector will need to be flexible in the face of 2023 challenges. New analysis reveals the resilience of [read more…]
Skills shortages and the cost-of-living crisis have driven salaries up across construction, despite the demand for staff beginning to slow. That’s according to the latest report from the Association of Professional Staffing Companies (APSCo). The [read more…]
According to new data and forecasts released by HMRC, there was a decrease in the amount spent on research and development (R&D) by construction firms in 2021, compared to previous years. The amount spent on [read more…]
The latest market analysis by Unlatch estimates that the UK’s residential construction industry could increase in value by almost 20% by 2025, despite the fact that its current performance is yet to fully return to [read more…]
After seeing off all contenders, it has been confirmed that Rishi Sunak will be the new leader of the Conservative Party and is therefore destined to become Prime Minister. With so much at stake for [read more…]
The second annual social value benchmarking report has revealed that over £1bn of economic, social and environmental improvements were made by the UK construction industry last year. The Social Value in Construction Benchmarking Report was [read more…]
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