Construction Industry Market News | Stay Informed with the Latest Updates

Suppliers ready for uptick in housing and infrastructure demands

Chris Smith — Thu, 18 Jul 2024 11:38:19 +0000

Suppliers have said they are confident they can meet any extra demand for materials generated by the government’s ambition to increase housebuilding and infrastructure activity. Industry experts said there would not be an immediate increase in demand on supply chains but added that suppliers were…

The post Suppliers ready for uptick in housing and infrastructure demands appeared first on Construction News.

CN Awards 2024 winners revealed

CN Staff — Thu, 11 Jul 2024 22:02:32 +0000

The winners of the Construction News Awards 2024 have been announced at a dazzling ceremony in central London. On Thursday evening (11 July), comedian Russell Kane conducted proceedings in the glitzy ballroom of the JW Marriott Grosvenor House hotel in Mayfair – where more than…

The post CN Awards 2024 winners revealed appeared first on Construction News.

Fighting time: why PFI claims are on the rise

Ian Weinfass — Tue, 09 Jul 2024 11:10:48 +0000

Is a looming legal time limit behind a rise in defect claims relating to long-completed schemes built under private finance intiatives? In autumn 2021, North Kent Police Station’s geothermal heating system broke down. Almost three years later, the administrators of the company holding the station’s…

The post Fighting time: why PFI claims are on the rise appeared first on Construction News.

Construction fatalities 70% worse than five years ago

Ben Vogel — Thu, 04 Jul 2024 15:19:08 +0000

Construction worker fatalities in the UK are 70 per cent higher than before the Covid pandemic, according to the latest annual statistics from the Health and Safety Executive (HSE). Data for the year to 31 March 2024 showed that 51 construction workers died in accidents…

The post Construction fatalities 70% worse than five years ago appeared first on Construction News.

Microsoft mega-deal could spark further industrial projects

Greg Pitcher — Thu, 04 Jul 2024 07:34:34 +0000

Developer Harworth intends to build out a number of industrial schemes with the proceeds of a £107m land sale to Microsoft. The South Yorkshire firm made a huge return on the Skelton Grange plot in south Leeds - which it bought for £3m less than…

The post Microsoft mega-deal could spark further industrial projects appeared first on Construction News.

Recovery stays out of reach as administrations tick up

Ben Vogel — Thu, 04 Jul 2024 06:00:12 +0000

The volume of construction administrations has increased for the second consecutive month, Creditsafe data shows. A total of 31 businesses went into administration in June, compared with 24 in May and just 13 in April. Despite the uptick, the figure of 68 failures for the…

The post Recovery stays out of reach as administrations tick up appeared first on Construction News.

Construction celebrates 10 years at London Pride

Charlotte Banks — Tue, 02 Jul 2024 11:11:24 +0000

Inclusion experts have hailed a “sea change” as the construction industry took to the streets to celebrate its 10th year at London Pride. Around 200 people marched for LGBTQ+ equality on Saturday as part of a coalition of six built environment organisations, including the Chartered…

The post Construction celebrates 10 years at London Pride appeared first on Construction News.

Entry deadline extended for CN Workforce Awards 2024

CN Staff — Mon, 24 Jun 2024 06:00:32 +0000

The deadline to submit entries for the Construction News Workforce Awards 2024 has been extended until midnight on Friday 12 July. The CN Workforce Awards provide the perfect opportunity to reward the teams and initiatives that make the construction industry the best place to work.…

The post Entry deadline extended for CN Workforce Awards 2024 appeared first on Construction News.

Build UK chief recognised in King’s Birthday Honours

Will Ing — Tue, 18 Jun 2024 10:42:27 +0000

Build UK chief executive Suzannah Nichol is among a handful of construction figures to be recognised in the King’s Birthday Honours. Other individuals included in the honours list include senior civil servants working on construction policies and former and current bosses at firms including Taylor…

The post Build UK chief recognised in King’s Birthday Honours appeared first on Construction News.

University of East Anglia picks seven firms for framework

Ben Vogel — Fri, 14 Jun 2024 11:02:52 +0000

CN100-ranking contractor RG Carter is among seven firms selected for a £96.3m construction and refurbishment framework from the University of East Anglia (UEA) in Norwich. The UEA Contractor Framework has a baseline lifespan of three years, with the university having the option of extending it…

The post University of East Anglia picks seven firms for framework appeared first on Construction News.