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....The report also highlighted some unusual cybersecurity cases. It said a large materials supplier for the construction industry faced "significant and ongoing" attacks, despite not having any e-commerce activities of its own. ... [Read full article on BBC ]
Wednesday 19th of April 2017 10:36:10 AM
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. Worries that the UK economy is losing steam have been strengthened by news of a housing market slowdown, a drop in industrial output and the weakest performance for a year by the construction industry. ... [Read full article on Guardian ]
Friday 7th of April 2017 04:34:17 PM
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Latest Finance News related to Construction Industry

'Nearly half' of firms had a cyber-attack or breach image
Source : BBC [Read Article] Wednesday 19th of April 2017 10:36:10 AM
....The report also highlighted some unusual cybersecurity cases. It said a large materials supplier for the construction industry faced "significant and ongoing" attacks, despite not having any e-commerce activities of its own. ...
The British jobs Brexit makes hard to fill image
Source : Guardian [Read Article] Saturday 25th of March 2017 04:00:06 PM
....1 millionEU-born: 192,000Non-EU-born 201,000. The Royal Institution of Chartered Surveyors (Rics) says the construction industry could lose more than 175,000 employees – or 8% of the sector’s workforce – if the UK loses access to the European single market. ...
Downplaying Brexit to overseas investors won't help UK housing crisis | Dawn Foster image
....Back home, the picture is rather different. The Royal Institute of Chartered Surveyors announced recently that an exit from the single market could lose us 175,000 workers from the construction industry alone. ...
Single market exit: UK construction 'could lose 175,000 EU workers' image
Source : Guardian [Read Article] Wednesday 15th of March 2017 06:30:23 AM
. The UK construction industry could lose more than 175,000 EU workers – or 8% of the sector’s workforce – if the country does not retain access to the European single market after Brexit, the government has been told. ...
'Lots of nurses have already left': EU workers head for exit image
Source : Guardian [Read Article] Tuesday 14th of March 2017 12:26:28 PM
.... I’ve added to the community and to the industry. Throughout the UK, there is a lack of adequate training or interest from many in joining the construction industry. ...
MPs: UK government industrial strategy 'not long-term' image
Source : BBC [Read Article] Friday 3rd of March 2017 12:01:29 AM
....The report also stated that the Prime Minister "has not yet been able to harness the political will across government to drive forward her ambition". It highlighted the recent housing white paper, which it claimed failed to spell out how the government and the construction industry would work together to tackle the housing shortage. ...
UK 'must insulate 25 million homes' image
Source : BBC [Read Article] Tuesday 28th of February 2017 12:07:22 AM
....The report recommends:. It says the construction industry needs certainty about what it is expected to deliver, and measurement to discover what is already being built. ...
Jeremy Corbyn calls for maximum wage law image
Source : Guardian [Read Article] Tuesday 10th of January 2017 09:22:20 AM
....Earlier, he told Good Morning Britain that his planned speech on migration was not a “sea change” in his previous thinking, but aimed at giving “clear definition that we protect the working conditions and wage levels that are here” for any migration system post-Brexit. “Some companies – particularly in the construction industry – are making a fortune out of getting rid of workers in this country on one set of pay and conditions and bringing in others to replace them,” he said, during his GMB interview. ...
UK firms brace for further Brexit price rises, surveys show image
Source : Guardian [Read Article] Monday 9th of January 2017 12:01:02 AM
....“Anecdotally, construction SMEs [small and medium-sized enterprises] are already reporting an increase of 22% in Spanish slate and a 20% increase in timber. A quarter of all materials used by the UK construction industry are imported – this is significant and underlines the vulnerability of the industry to sudden fluctuations in the strength of our currency. ...
UK construction industry enjoys fast growth in new orders image
Source : Guardian [Read Article] Wednesday 4th of January 2017 10:26:29 AM
. The UK construction industry enjoyed the fastest growth in new orders in almost a year in December, according to a survey, but the weaker pound has driven up firms’ material costs to their highest in five-and-a-half years. ...
Construction industry becoming increasingly gender-segregated, report finds image
....Prof Louise Chappell was handed a hard hat when she stepped on to a building site. She was there to research why women have made so little headway in the construction industry. ...
Information commissioner reopens file on construction industry blacklisting image
. Britain’s information commissioner has reopened the file on construction industry blacklisting amid fears that the malpractice is still taking place. ...
Chancellor picks goodies selectively from his autumn statement bag image
Source : Guardian [Read Article] Wednesday 23rd of November 2016 12:01:49 AM
....What’s going on? In part, president-elect Trump has changed the investment weather. If US infrastructure is now the thing, suppliers of raw materials to the construction industry are the place to be. ...
Dear Mr Hammond image
Source : BBC [Read Article] Friday 18th of November 2016 12:16:50 AM
....The BBC has been speaking to businesses from across the UK, finding out how their bosses are feeling and what they would like to see from the Autumn Statement on Wednesday, 23 November. In Scunthorpe Shay Eddy, the managing director of SC4 Steel which supplies the construction industry, is feeling optimistic. ...
Pound recovers ground after US election image
Source : BBC [Read Article] Friday 11th of November 2016 12:32:09 PM
....16. It jumped further when figures on the construction industry were published, which were not as bad as expected. ...
UK construction weakest in four years, ONS says image
Source : BBC [Read Article] Friday 11th of November 2016 10:38:33 AM
....3%, said the ONS. Further evidence of a slowdown in the construction industry came from building materials and insulation firm SIG on Friday, as it issued a profit warning and said its chief executive was stepping down. ...
House price growth at a standstill in October, says Nationwide image
Source : Guardian [Read Article] Wednesday 2nd of November 2016 08:00:05 AM
.... “We will probably replace the land that we’ve utilised this year … so not quite as strong as we’ve done in the last few years, where we’ve been replacing at 150-200%,” the chief executive, Jeff Fairburn, told Reuters. IHS Markit’s latest survey of purchasing managers in the construction industry showed that activity rose in October, driven by housebuilding. ...
Umbrella companies: the latest way to exploit Britain's temporary workers image
....”. Umbrella companies aren’t just common among supply teachers – the practice is rampant in the construction industry and is moving into other sectors. ...
UK construction slowed in August but ONS plays down Brexit link image
Source : Guardian [Read Article] Friday 14th of October 2016 10:35:56 AM
. There was a surprise slowdown in Britain’s construction industry in August, although statisticians played down any link between the dip and Brexit jitters. ...
German economy expecting golden autumn, says Ifo head image
Source : BBC [Read Article] Monday 26th of September 2016 09:11:30 AM
....Improved confidence was seen in manufacturing, wholesaling and retailing, and the services industry. Morale in the construction industry was particularly strong, with the construction index reaching a new record high, Ifo said. ...
Standing firm image
Source : BBC [Read Article] Tuesday 6th of September 2016 11:51:19 PM
.... . Academics, architects, the government and the construction industry are all striving to make buildings safer places to work, study and live. ...
Construction industry shows signs of recovery, PMI survey says image
Source : BBC [Read Article] Friday 2nd of September 2016 10:53:09 AM
. The UK construction industry showed signs of recovery in August, contracting less than in July, a survey has suggested. ...
UK construction output falls in June image
Source : BBC [Read Article] Friday 12th of August 2016 08:56:01 AM
....The release mainly covers the period in the run up to the referendum, which was held on 23 June. An influential survey released last week, the Markit/CIPS purchasing managers' index (PMI), indicated that activity in the construction industry also fell in July, confirming "a clear loss of momentum since the second quarter of 2016". ...
Land for homes cost falls in wake of Brexit vote image
Source : Guardian [Read Article] Wednesday 10th of August 2016 10:58:17 AM
....”. In early July, figures showed that the construction industry had slumped in the run-up to the EU referendum and Britain’s biggest housebuilder, Barratt Developments, said it was reviewing its building and land-buying programmes. ...
Brexit latest image
Source : BBC [Read Article] Thursday 4th of August 2016 01:12:17 PM
....A weaker pound may help exporters cut some of this deficit as their products will now be cheaper, but it could also cause inflationary pressures in the UK as it will put up the costs of imports and raw materials. The UK's construction industry seems to have recovered in August from a downturn that started just before June's Brexit vote. ...
First UK interest rate cut in seven years expected image
Source : BBC [Read Article] Wednesday 3rd of August 2016 11:00:08 PM
....While a reduction is not certain, there is increasing pressure on the Bank to act after recent poor economic data. With a sharp fall in the services sector, factory activity down and the construction industry also slowing, most economists argue now is the time for action. ...
Construction industry sees loss of momentum, PMI survey says image
Source : BBC [Read Article] Tuesday 2nd of August 2016 09:40:50 AM
. Activity in the construction industry fell again in July, confirming "a clear loss of momentum since the second quarter of 2016", a survey has said. ...
A new day, a new Chancellor: A new economic policy? image
Source : BBC [Read Article] Friday 15th of July 2016 09:10:53 PM
.... . In fact with falling business and consumer confidence, worries over delays or even the cancellation of private investment and a construction industry that looks to be slowing down; many would see an increase in government investment as the obvious solution. ...
Interest rates could be cut to new low image
Source : BBC [Read Article] Wednesday 13th of July 2016 11:03:54 PM
UK service sector growth slows image
Source : BBC [Read Article] Tuesday 5th of July 2016 09:28:32 AM
....". The data on the service sector follows Monday's weak report on the UK's construction industry. ...
Persimmon remains confident despite Brexit uncertainty image
Source : BBC [Read Article] Tuesday 5th of July 2016 07:06:37 AM
....Henderson Global Investors and Aberdeen Asset Management reduced the value of their UK property funds by 4% and 5% respectively. Also on Monday a survey indicated the construction industry suffered its worst performance for seven years last month. ...
Construction becomes first casualty of Brexit as housebuilders get jitters image
....The Markit/Cips survey of construction companies was disturbingly clear in the picture it presented of a sector badly damaged by the EU referendum. Related: UK construction industry slumps dramatically ahead of EU vote. ...
UK construction performance weakest for seven years in June image
Source : BBC [Read Article] Monday 4th of July 2016 09:32:54 AM
. The UK's construction industry experienced its weakest performance for seven years last month, according to a closely watched survey. ...
FTSE 100 slides as property shares suffer image
Source : BBC [Read Article] Monday 4th of July 2016 07:25:25 AM
....26. Shares in property firms and housebuilders were hit after a survey indicated the construction industry suffered its worst performance for seven years last month. ...
Aussie Brexit concerns image
Source : BBC [Read Article] Thursday 30th of June 2016 09:28:44 AM
....Australia is a country in transition. As a long and lavish mining boom comes to an end, this land of 24 million people is banking on a reinvigorated construction industry, along with manufacturing, agriculture and the services sector, including tourism. ...
UK industry edging back to growth despite uncertain conditions image
Source : Daily Express [Read Article] Sunday 5th of June 2016 05:40:00 PM
.... . The pharmaceuticals sector is seeing growth along with the transport sector, while the construction industry is eyeing a return to solid growth for the first time since the financial crisis. ...
The hard-hat chancellor: what kind of Britain is George Osborne building? image
.... Britain has an economy where construction has a particular status and where a favoured way to nudge the economy forward is to get more concrete mixers whirring and bricks laid. “Industry” can be almost synonymous with “construction industry”, due to the shrinkage of other types. ...
UK construction firms report fall in orders as output slows image
Source : Guardian [Read Article] Thursday 2nd of June 2016 10:00:52 AM
....Britain’s construction firms have recorded their first decline in orders in three years as output slowed further in the run-up to the EU referendum. The purchasing managers’ index for the construction industry from Markit and Cips fell from 52 in April to 51. ...
Rents and property values would drop after Brexit, say landlords image
Source : Guardian [Read Article] Wednesday 18th of May 2016 11:01:09 PM
....It said an out vote “could provide first-time buyers with breathing space as demand for housing eases off”. But it warned that Brexit would also hit the construction industry hard, jeopardising plans to build more houses. ...
Construction bosses ‘tried to hide evidence of their blacklist’ image
Source : Guardian [Read Article] Saturday 14th of May 2016 11:05:09 PM
. Victims of blacklisting by the construction industry, who were awarded a £75m out-of-court settlement, are to demand a police investigation into their claims that key executives tried to pervert the course of justice. ...
Construction firms apologise in court over blacklist image
Source : Guardian [Read Article] Wednesday 11th of May 2016 02:43:52 PM
....”. In the apology read to the high court in London, the firms admitted that since the late 1960s they had been “involved in secretly collecting, storing and distributing among themselves information about workers who had, or who were applying for, work in the construction industry”. ...
Blacklisted workers win £10m payout from construction firms image
Source : Guardian [Read Article] Sunday 8th of May 2016 11:01:20 PM
....The blacklist resulted in hundreds of workers losing their jobs and being unable to secure new ones after being deemed troublemakers while raising legitimate workplace issues. The construction industry used to monitor more than 3,000 building workers through a shadowy organisation, the Consulting Association, which was eventually raided by the Information Commissioner’s Office after earlier revelations in the Guardian. ...
UK manufacturers upbeat despite tough quarter – CBI image
Source : Guardian [Read Article] Monday 25th of April 2016 12:37:22 PM
.... Steel plant closures have added to the woes of the manufacturing sector and thousands of job losses are expected this year. A sluggish manufacturing sector and volatile trade in the construction industry mean that consumers have been left to drive economic growth. ...
Housebuilding sector reports sluggish growth amid planning delays image
Source : Guardian [Read Article] Tuesday 19th of April 2016 11:01:04 PM
....Related: Revealed: housebuilders sitting on 600,000 plots of land. It revealed a slowdown across all parts of the construction industry and showed that confidence about the outlook for the sector over the next 12 months had fallen. ...
Recruiter advises construction firms how to overcome tax loophole clampdown image
....It has supplied staff to construction firms working on London Underground and Network Rail engineering projects as well as workers employed at Emirates Stadium in north London, Westfield shopping centre in west London, and Addenbrooke’s hospital in Cambridge. Unite said the leaked presentation had been circulated to 1st Step Solutions’ clients in the construction industry. ...
Chances of rescue deal for Tata Steel's entire UK business 'remote' image
Source : Guardian [Read Article] Wednesday 13th of April 2016 07:49:45 PM
.... This has boosted the hopes of securing a rescue deal. The construction industry lent its support to Britain’s steelworks on Wednesday, praising the quality of domestic steel. ...
The greenhouse that acts like a beetle and other inventions inspired by nature image
.... Beginning in 2011, it has worked with DeepWater Desal, a combined desalination plant, power plant and data storage facility in Moss Landing, California, to mix waste carbon dioxide released by its natural gas power plant with the calcium produced from water desalination. The result is calcium carbonate – limestone – a building material that California’s construction industry needs. ...
Labor calls for banking and financial services royal commission image
Source : Guardian [Read Article] Friday 8th of April 2016 04:11:25 AM
....Recent bank scandals include the Commonwealth Bank financial planning scandal, allegations CommInsure may be routinely denying legitimate claims from sick and dying customers and an Australian Securities and Investment Commission (Asic) suit against Westpac for alleged rate rigging. On Thursday Shorten had refused to rule out a royal commission, prompting criticism from the treasurer, Scott Morrison, who labelled the idea a “reckless distraction” from a bill to introduce a tougher construction industry regulator. ...
Steel crisis: builders, manufacturers and carmakers urged to buy British image
Source : Guardian [Read Article] Thursday 31st of March 2016 06:58:05 PM
....”. Representatives of the construction industry defended the lack of signatories to the charter, claiming that it referred to BES 6001 steel, which can be produced outside of Britain, rather than simply British steel. ...
Source : Reuters [Read Article] Monday 21st of March 2016 07:19:17 AM
.... That, coupled with market speculators buying homes and demand far outstripping supply, sent London prices skyrocketing. However, shares in some housebuilders could be impacted as growth in the construction industry slows, while Britain's referendum on its European Union membership on June 23 - with rejection dubbed as "Brexit" - could also affect demand, said analysts. ...
Startup of the Year 2015-2016 competition entry: Enviromate image
Source : Guardian [Read Article] Wednesday 16th of March 2016 04:56:43 PM
....Reiss Salustro-Pilson, founder of Enviromate, explains why the business should win the Startup of the Year category of the Guardian Small Business Showcase competition:. We are a start-up venture, risen from two entrepreneurs with a passion for sustainable and environmental-focused construction and to provide a solution for the entire construction industry to enable reuse of surplus/leftover materials. ...
Saudi Arabia launches austerity drive to cut public spending image
Source : Guardian [Read Article] Monday 14th of March 2016 07:50:40 PM
....Saudi Arabia’s government, its finances strained by low oil prices, is ordering ministries to cut their spending on contracts by at least 5%, a document seen by Reuters shows. The austerity drive could further slow economic growth in the world’s top oil exporter and hurt the construction industry, where many companies are struggling with deteriorating cash flow and rising labour costs. ...
George Osborne gets mixed economic news in week before budget image
Source : Guardian [Read Article] Friday 11th of March 2016 10:36:06 AM
....5bn between December 2015 and January 2016. During the same period, the output of the construction industry fell by 0. ...
Making concrete green: reinventing the world's most used synthetic material image
....They look like any other footpath snaking across Queensland’s James Cook University (JCU) campus. Yet the two concrete paths leading up to the university’s new Science Place building and the Douglas campus buildings may hold the key to one of the construction industry’s most pressing environmental questions. ...
UK construction industry output at 10-month low image
Source : Guardian [Read Article] Wednesday 2nd of March 2016 11:14:22 AM
. The UK’s construction industry put in its worst performance for 10 months in February after the slowest rise in housebuilding since the summer of 2013. ...
New measures to speed up house building image
Source : BBC [Read Article] Monday 29th of February 2016 05:41:18 PM
....He added: "We will also explore more innovative financing to build more homes for mid-market rent. "We have listened to our partners and are putting in place measures to support the increase in the supply of homes across all tenures, support jobs in the construction industry, and encourage inclusive growth in the wider economy. ...
UK consumes far less than a decade ago – 'peak stuff' or something else? image
Source : Guardian [Read Article] Monday 29th of February 2016 01:26:00 PM
.... You do see these micro trends of peak stuff, but the idea we’re living in a peak stuff world is nuts,” said Tim Jackson, professor of sustainable development at the University of Surrey. A closer analysis of the ONS figures shows a big drop in consumption of non-metallic minerals used by the construction industry, such as sand, gravel, limestone and gypsum. ...
Empty commercial buildings in London could provide 420,000 homes for rent, think tank says image
.... . It suggested the homes should be designed for the burgeoning private rented and shared ownership sectors, using pre-fabricating techniques to overcome skill shortages in the construction industry and other factors, such as adverse weather conditions, that slow up house building. ...
Safety systems maker cuts accident risk for construction firms and hauliers image
Source : Daily Express [Read Article] Tuesday 16th of February 2016 05:41:00 PM
.... “We are aware some UK manufacturers are having a tough time, but so far so good for us,” says Spillard. “The construction industry knows we don’t just make boxes and the value we can deliver. ...
Women in property industry must speak up on gender equality: Green buildings CEO image
.... According to gender indicator figures released by the Australian Bureau of Statistics last year, for the period between 2013 and 2014 just 26% of key management personnel, 24% of board directors and 17% of CEOs were women. And less than 12% of the workforce in the construction industry are women. ...
'We don't need oil and mining to pay a growing income': Top-rated managers on the shares they're buying now image
.... SM: Another pick is Lavendon Group. It’s a specialist hire group servicing the construction industry, in particular powered access platforms, like cherry pickers, that are used to lift workers so they can work at height. ...
UK construction growth hits nine-month low image
Source : Guardian [Read Article] Tuesday 2nd of February 2016 10:04:56 AM
. Growth in Britain’s construction industry was its weakest in nine months in January after a shortlived recovery in December, a survey published on Tuesday showed. ...
Tenderspace aims to streamline construction to boost UK property pipeline image
Source : Telegraph [Read Article] Monday 1st of February 2016 05:54:00 PM
.... . “One of the major impediments that the construction industry is struggling with is lack of resource,” said Mr Stapleton. ...
UK GDP figures to be released amid global economic jitters image
Source : Guardian [Read Article] Sunday 24th of January 2016 02:37:18 PM
....Manufacturers were hurt last year by a strong pound, which makes UK exports more expensive, as well as a slump in orders for machinery from the North Sea oil and gas industry after the plunge in oil prices. Reports from the construction industry have also been downbeat, with the latest figures pointing to a drop in output in November amid warnings from building companies that a lack of skilled workers is delaying projects. ...
UK construction industry suffers surprise drop in output image
Source : Guardian [Read Article] Friday 15th of January 2016 03:15:59 PM
....Related: UK housebuilding held up by lack of bricklayers, says report. The ONS said bad weather may have weighed on the construction industry, which accounts for around 6% of economic activity in Britain. ...
Pound falls to lowest level since 2010 election as builders suffer shock contraction image
. Britain's builders suffered a shock contraction in November, as ouput in the construction industry shrunk by 1. ...
UK housebuilding held up by lack of bricklayers, says report image
Source : Guardian [Read Article] Thursday 14th of January 2016 12:01:02 AM
. A shortage of skilled workers in the construction industry pushed up wages in the sector in 2015 and could threaten some of the government’s biggest housing and infrastructure programmes, the Royal Institution of Chartered Surveyors (Rics) has said. ...
Factories forecast to shed tens of thousands of jobs in 2016 image
Source : Guardian [Read Article] Tuesday 29th of December 2015 12:01:10 AM
.... Similarly, orders in the electrical equipment and basic metals sectors had been dragged down by their exposure to the North Sea. Output has also suffered in the rubber and plastics sectors as demand from the construction industry wanes, while steel plant closures sparked a collapse in basic metals output, the report showed. ...
This sticky tape firm from Suffolk keeps growing every year image
Source : Daily Express [Read Article] Tuesday 22nd of December 2015 06:01:00 PM
....    . Next year Lynvale will unveil new products for the construction industry to help protect buildings against flooding. ...
Plant hire firm Hawk soars with £8m funding image
Source : Telegraph [Read Article] Monday 21st of December 2015 10:41:59 AM
....” . The UK construction industry is in "rude health", according to economists, driven by commercial building work, housebuilding and civil engineering projects. ...
FTSE 100 set for WORST annual performance as commodity prices crash image
Source : Daily Express [Read Article] Friday 11th of December 2015 09:11:00 PM
....3 per cent meltdown in equity prices in 2008. The latest drop coincided with weak output data from Britain’s construction industry and a fall in the price of Brent crude to a new seven year low below $38 a barrel. ...
Ashtead shares jump on surging profits image
Source : Telegraph [Read Article] Wednesday 9th of December 2015 08:17:15 AM
.... . Geoff Drabble, chief executive of the US-focused group, shrugged off concerns about the health of the construction industry as Ashtead posted revenues of £1. ...
Help to buy will just hinder efforts to solve the housing crisis image
Source : Guardian [Read Article] Sunday 6th of December 2015 07:00:13 AM
....The high-powered Lords economic affairs committee, which includes a former chancellor (Lord Lamont), an LSE professor (Lord Layard) and a former TUC general secretary (Lord Monks), took evidence from economist Kate Barker – herself a Dame – about the knotty, longstanding problem of why Britain has consistently failed to build enough houses, and prevent prices surging out of reach. She warned that 300,000 new homes a year would be needed to tackle the housing affordability crisis – and suggested that the construction industry would struggle to meet this target. ...

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