Construction

Project-starts, detailed planning approvals and main contract awards all fell in the three months to January against the previous three months and the preceding year. Housing overview  Totalling £8.27bn, residential work commencing on-site during the three months to January decreased by a quarter against the preceding three months to stand 29 per cent lower than

Project starts and main contract awards in the three months to January both experienced declines against the previous year. More positively, detailed planning approvals performed slightly better. Industrial overview Totalling £1.05bn during the three months to January, underlying industrial work starting on-site (less than £100m in value) decreased 34 per cent against the preceding three

“Selling with Ritchie Bros. is a regular part of our business” Junior Davis started his construction company in the mid-80s...

Construction output increased by 5.6 per cent in 2022 but was flat by December, Office for National Statistics (ONS) data has revealed. In Construction Output in Great Britain: December 2022, the ONS said total new orders decreased by 1.8 per cent – equivalent to £242m – in the final quarter of 2022 compared with the

Construction activity remained buoyant in 2022 in four of the UK’s major cities outside London, according to new research by Deloitte. The company’s latest regional crane survey found 74 new project starts in 2022 across the central areas of Belfast, Manchester, Leeds and Birmingham, compared with 72 the previous year. Almost half of these were

While project-starts weakened, strong growth in major project contract awards and detailed planning approvals boosted the development pipeline in Q4 2022. South West overview Work commencing on-site in the South West added up to £1.27bn during Q4 2022, a 24 per cent decline compared with the preceding quarter to stand 30 per cent lower than

Project-starts and main contract awards suffered declines during Q4 2022 while detailed planning approvals more than doubled. Wales overview Totalling £595m, underlying work starting on-site (less than £100m in value) in Wales during Q4 2022 remained unchanged against the preceding quarter on a seasonally adjusted (SA) basis but increased 51 per cent against the previous

While project-starts increased significantly against the previous year, main contract awards and detailed planning approvals fared poorly in Q4 2022. South East overview Totalling £2.53bn, work commencing on-site in the South East during Q4 2022 declined 4 per cent against the preceding quarter but, more positively, remained 25 per cent up against the previous year.