Check out our latest blog posts, which provide commentary and opinions on issues and trends in the construction and contracting industry.
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 […]
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, […]
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 […]
The construction industry is to receive a much-needed £250m boost in the UK government’s effort to boost productivity, reports the Construction Enquirer. Business Secretary Greg Clark confirmed the construction industry had won the investment as part of the government’s Industrial Strategy, a planned partnership between the government and the construction industry to work collaboratively to […]
With the Budget being released last month, new government figures suggest that housebuilding is at its highest since 2007-8 in England. In the past financial year, 217,350 homes were added to England’s housing stock, with supply increasing by 227,170 between April 2016 and March 2017. The Home Builders Federation (HBF) said the figures confirmed that […]
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 […]
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 […]
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 […]
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