Check out our latest blog posts, which provide commentary and opinions on issues and trends in the construction and contracting industry.
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% […]
This year’s Autumn Budget was released earlier than usual due to Brexit negotiations and is set to have a significant impact on the construction industry. Overall, the UK’s final Budget as an EU member promises greater investment in the construction industry, bringing welcome news to many companies involved either in minor works or major development […]
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 […]
With a growing population requiring new homes and the government’s target of building 300,000 new homes per year, the housebuilding industry is showing signs of good health. We’ve witnessed great advances in housebuilding processes and materials in the last decade, reflected in the widespread adoption of on-site technology. While manual methods persist on certain sites […]
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 […]
Enterprise resource planning (ERP) has been transforming the tech strategy of nearly every industry in recent years but, as our previous blogs have acknowledged, the construction industry is yet to make the most of the tech revolution. A recent survey of over 300 global organisations found that construction companies will be more likely (84%) to […]
In an industry facing economic uncertainty, an ageing workforce and a revolutionary onset of technological innovation, pioneering firms are using digital construction methods to boost profit margins, changing the way the industry as a whole delivers projects. Better connected Connecting the back office and site staff has long been a stumbling block for construction companies, […]
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 […]
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