Check out our latest blog posts, which provide commentary and opinions on issues and trends in the construction and contracting industry.
Construction management software is becoming increasingly more important in this current age, especially for contractors. Industry-specific solutions, such as Eque2’s Construct for Sage software, are equipped with the tools to manage construction businesses efficiently and securely in order to eliminate risk and protect margins. These programmes remove the need for manual spreadsheets and store important […]
A quarterly survey by the Construction Products Association (CPA) reports general growth in the construction industry, but sends a warning over rising costs. Following a weather-related boost to activity in the second quarter, most of the construction industry experienced growth in Q3 of 2018, according to The CPA’s Construction Trade Survey. During this quarter, 27% […]
Digital technology can transform the construction industry, but only if the sector is equipped with the right skills and knowledge, according to a new report. Unlocking Construction’s Digital future: A Skills Plan for Industry by the Construction Industry Training Board (CITB) shows how modern technologies can increase productivity and increase efficiency. Furthermore, the report warns […]
Over the past decade, the role of the estimator in construction projects has evolved to incorporate wearing more hats which can, at times, eclipse ‘traditional’ duties. Estimators today are more collaborative in style and often have to utilise project management skills, which in turn have a greater impact on project costs and quality. Successful estimators […]
Construction output in the UK is forecast to hit 2.3% growth in 2019 despite a slight dip of 0.6% this year. The positive forecast from economists at the Construction Products Association is coupled with the expectation that growth will expand by nearly 2% in 2020. This will come as good news for civil contractors and […]
The construction industry saw a substantial increase in plant sales in the second quarter of 2018, reports the Construction Index. According to industry tradition, UK construction equipment sales tend to peak in the second quarter of the year and decline in the fourth. The positive news is that the number of construction and earthmoving machinery […]
MidKent College is encouraging more young women to study construction, in a bid to break down gender stereotypes and boost numbers joining the industry. Figures show the number of females opting to learn about the profession at the College in both further and higher education since 2014/15 has risen from 141 to 216 for 2018/19. […]
An industry report has found that an astonishing £2.8bn in bad debts are written off each year by subcontractors due to non-payment – we look at how construction accounting software could help. The study, conducted by Bibby Financial Services and The Vinden Partnership, surveyed 250 UK contractors across a variety of trades to answer questions […]
Minimum pay rates for construction site workers will increase by 6% in a two-year deal. The Construction Industry Joint Council (CIJC) Working Rule Agreement comes into effect on 25th June. Negotiated by construction unions Unite and GMB, the new deal affects more than 400,000 construction workers and will see their basic pay rates rise by […]
Construction costs in the capital are set to rise by 2.8% this year alongside cooling tendering activity, according to a new study by Turner & Townsend. The quantity surveying firm’s International Construction Market Survey 2018 states that, while global construction volume is increasing, there is an overall reduction in the UK. London continues to push […]
In the construction industry, a new study showed that many companies are still failing to keep up with the latest technology and relying on outdated methods which can impede growth, slow up projects and, at worst, harm profits. As Eque2 experienced during its participation in the recent CIOB programme on ‘Remastering the Future’, there is […]
For SMEs, finding construction-specific accounting software that suits your business can be challenging. Eque2’s Construct Express is the ideal first step into construction-specific software, allowing you to run your business more efficiently, productively and proactively, without any complicated switchover or new systems to learn. We’re developing resources to introduce those unfamiliar with our products to […]
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