Check out our latest blog posts, which provide commentary and opinions on issues and trends in the construction and contracting industry.
Key statistics released by the Construction Products Association (CPA) suggest that, despite reducing forecasts for construction growth, large government infrastructure projects may help the industry bounce back. Infrastructure projects are anticipated to be a major driver of construction activity in the next few years, with large-scale projects such as HS2 and the £4.2bn Thames Tideway […]
Earlier in the year Eque2 were approached by the Chartered Institute of Building (CIOB) and ITN Productions to be part of their ‘Remastering the Future’ series. The programme shadows a day in the life of the team at SJE Carpentry & Joinery Ltd (SJE), and features their current project at Principle Place in London. The […]
Recently in construction news we have been hearing a lot about Big Ben’s renovation costs doubling. The project has become much more complex than originally thought due to the stonework needing more work; the cost of removing and repainting the metal in the tower and reglazing the clock face. The Elizabeth Tower that is […]
The rise of technology, particularly mobile is having a huge impact on every industry; a new report from the McKinsey Global Institute (MGI) analyses exactly what those changes could look like in construction. The report, conducted by the MGI as part of an ongoing research program into automation technologies and their impact, with one of […]
What is CIS? The Construction Industry Scheme (CIS) defines how much contractors in the construction industry pay their subcontractors and what they give to HMRC as tax. As a contractor you must ensure you register with the scheme and stay compliant with it by ensuring your subcontractors are registered with HMRC, you submit monthly returns […]
New data collected by Savills for the British Property Federation has highlighted that, despite the ‘broken’ UK housing market, the capacity remains for new homes to be constructed and planned at great speed. According to the research, there are now almost 96,000 build-to-rent homes complete, under construction or in planning, showing a 40% jump on […]
Here at Eque2, we’re always looking for ways to make life easier for construction companies; that’s why we make software that streamlines and speeds up every aspect of the construction process, and now we offer resources to make running your business even easier – and more profitable. The first resource in this new series from […]
Contrary to expectations and tradition, the usually slow month of August has shown surprisingly positive figures and provided a welcome boost to the construction industry. With contracts awarded in August totalling £5.8 billion, based on a three month moving average, this has resulted in a 7% increase on the month and the highest recorded figure […]
We’ve talked about the skills shortage affecting the UK construction industry previously on the Eque2 blog, but with 60% of construction SMEs struggling to hire bricklayers and 58% having trouble finding carpenters and joiners, the shortage is showing no sign of abating. According to statistics from the Federation of Master Builders’ State of Trade Survey […]
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 […]
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