Will imminent reforms boost or hinder take-up among construction firms of HMRC’s research and development tax credits scheme? David Prosser investigates Will construction companies miss out on valuable incentives designed to encourage innovation under a shake-up of the research and development (R&D) tax credits scheme? His Majesty’s Revenue and Customs…
Supply Chain
Major firms trial software to count carbon via invoices
Balfour Beatty, Morgan Sindall and Galliford Try are trialling a new technology that provides real-time reporting of embodied carbon. The new software allows contractors and suppliers to more accurately measure their scope 3 emissions – indirect carbon and greenhouse gas emissions in their supply chain – rather than using approximate,…
Amid high inflation, the supply chain is ripe for optimising
Matt Bloor is chief commercial officer of construction-procurement firm YardLink In 2015, a global McKinsey study revealed that almost every construction mega-project would typically overrun its budget by at least 30 per cent. Now, with inflation adding £23bn to annual UK construction output costs, and every sector feeling the pinch,…
Tier one firms help launch group to boost resi retrofit efforts
Mace and Vinci are among a host of firms that have launched a new group aimed at driving residential retrofits at scale to meet net-zero targets. The National Homes Decarbonisation Group (NHDG), which has 17 founding members, said it will focus on growing the retrofit supply chain, advising on government…
Mixed fortunes for materials buyers in first quarter
Wood and steel prices continued to fall in the first quarter of 2023, while the cost of cement and concrete rose, according to new data. A report into commodities prices released today by construction consultant Linesight said that materials requiring high energy input into manufacturing were suffering ongoing affordability challenges.…
Brickmaker reports revenue slump as housebuilding slows
Brickmaker Forterra has reported a revenue of £109m for the first four months of the year – a drop of 24 per cent compared with the same period in 2022, when revenue hit £143m. In a trading update, the firm added that it was expecting a 20 per cent fall…
Severfield workers to strike over ‘disappointing’ pay deal
Workers at Severfield’s headquarters complex in North Yorkshire are set to strike over ‘disappointing’ pay conditions. Steelworkers have planned three 24-hour strikes and three 12-hour strikes on Mondays and Fridays, backed by GMB Union. The strikes will cover a total of six days across three weeks, with 250 staff expected…
Govt appoints firms to ‘standardise’ MMC for housebuilding
Government plans to standardise modern methods of construction (MMC) would remove barriers to innovation, one of the participants in a new initiative has told Construction News. Plans to establish a sector-wide standard for the construction industry would also encourage the wider use of modern building materials, equipment and techniques, said…
Cabinet Office moves to reduce imported steel use
The Cabinet Office has reminded procurement chiefs that UK steel should be used on state-funded construction projects. The department has issued a procurement policy note (PPN) bringing together the various methods that seek to promote a “level playing field” for the domestically produced building material. The policy follows concerns that…
Building safety: manufacturers step up
Steve Marr is compliance director at distributor SIG and interim CEO of Construction Product Information Ltd “It’s hard to build safe buildings without safe products,” said Geoffrey Brown of the Office for Product Safety and Standards at last month’s Building a Safer Future Conference. It’s hard to argue with that.…