Check out our latest blog posts, which provide commentary and opinions on issues and trends in the construction and contracting industry.
Any project big or small needs to be effectively managed so that everything runs smoothly. When it comes to cash flow, it’s even more important that finances don’t go awry to ensure a project stays on track and is completed on time. UK Construction Online recently reported Hudson Weir’s top tips for controlling cash flow […]
The UK House Price Index for June 2017 has been released, with the latest data showing that a yearly price increase of 4.9% and that the average property value in the UK is now up to £223,257. So what does this mean for construction companies? According to the data, the East of England has seen […]
With industry forecasts and the political and financial climate continuing to be unpredictable, many construction companies are preparing themselves for an economic downturn. A recent Construction Products Association trade survey of main contractors, SME builders, civil engineering contractors and specialist contractors found that while all reported sales, output and workload increases, many feel pessimistic about […]
The skills shortage facing the construction industry is well known. Rebecca Thompson FCIOB, President of the Chartered Institute of Building, argued that to attract young people into the sector the industry needs an inclusive mindset and ‘make the work environment more conducive to people doing a good job’. In other words, modernising and streamlining processes, […]
New research from the Federation of Master Builders (FMB) highlights the impact recent price rises are having on smaller building firms, citing sharp increase in building material costs and skills shortages as key factors. Materials such as timber, brick and insulation were identified as the most affected by price rises, as well as concrete and […]
The key to keeping customers happy? Communication Keeping your clients and customers happy is key to the successful running of any business, but for construction companies it’s crucial to ensure that miscommunication, silos of data and poor project management don’t harm the satisfaction of your customers. With that in mind, we’ve put together some tips […]
We’re proud to share that a number of Eque2 clients have recently been named winners of 2017 Construction News Awards in their respective categories, whether for outstanding projects or commitment to ethical and social causes. Wates Group Wates Group, users of Eque2’s construction accounting software, were selected by the Construction News Awards as Contractor of […]
According to the UK RICS Construction and Infrastructure Market Survey for Q2 2017, workloads have slowed across all construction industry sectors, with Brexit identified as the main cause of delayed investment. Respondents reported that ongoing uncertainty regarding Brexit, combined with political turmoil as a result of the recent general election and hung parliament result, is […]
Running a construction business is a complicated, multi-faceted process requiring huge amounts of organisation across people, places and products. With this in mind, as well as the current climate of economic uncertainty, it’s more important than ever before to ensure your construction accounting software is up to the job. The key to a successful construction […]
Construction workloads are on the rise, according to the latest RICS UK Construction and Infrastructure Market Survey. 27% of respondents, up from 18% in the last quarter, reported an increase in total workloads, despite concerns that Brexit could slow down activity. The report also highlights the shortage of skilled labour and its impact on industry […]
House building by housing associations continues to rise, according to new figures from the National Housing Federation (NHF). 82% of developing housing associations responded to the survey, which aims to gain a complete picture of house building in the sector. The NHF reports 47,709 new homes were started by housing associations in the last financial […]
The North/South divide in UK construction costs is closing, according to Turner & Townsend’s International Construction Market Survey 2017. The research, which examines 43 construction markets around the world, reveals the average construction cost per square metre. But while construction cost inflation in the South of England is set to fall from 3.5% to 2%, […]
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