The Housing Sector
A high demand for houses has been a main factor in the construction industry’s improving figures, with house building proving crucial to the recovery of the industry and driving prices up across the UK due to the shortage.
The Help to Buy scheme has been cited as a main factor behind this growth, and as property prices are set to rise over the next 12 months, construction firms should see a big call for their services from housing providers, particularly in London and the Southeast.
Non-housing private projects
The latest Glenigan report shows strong growth in the hotel and leisure sector, offices and utilities, with the value of office construction projects starting in the first quarter of 2014 being 34% higher than Q1 of 2013.
With recent reductions in corporation tax and increased aggregate demand across the economy, non-housing project contracts are expected to become more popular.
Infrastructure
As government spending continues to be cut, less funding is available for large-scale infrastructure. However, with a general election getting closer, opportunities for more expansive construction projects could become available in the near future, creating more jobs for up and coming apprentice builders and architects.
Other Issues
If Scotland vote Yes’ to independence, this could have a significant impact on construction companies, especially if jobs are being taken on across the border. Currency exchange rates could have a big impact and some contractors are concerned about the rising cost of raw materials.
Businesses can take advantage of Integrity Software’s job costing software in order to provide evidence of additional costs and keep track of which aspects of the work are exceeding the budget.
Integrity Software Systems,
First Floor, Landmark House East,
Alpha Court,
Lincoln,
United Kingdom,
LN6 3TA
Phone: 0345 340 3040
Visit Integrity Software's website
Abloy UK is proud to announce its Aperio E100 and SMARTair solutions have successfully achieved PAS 24 certification.
Posted in Access Control & Door Entry Systems, Architectural Ironmongery, Articles, Building Industry News, Building Products & Structures, Building Regulations & Accreditations, Building Services, Doors, Facility Management & Building Services, Health & Safety, Retrofit & Renovation, Security and Fire ProtectionFor architects and designers looking to avoid traditional skirting boards, architraves and cornices, Renderplas offers its range of PVC plasterboard shadow gap beads for dry lining systems.
Posted in Articles, Building Industry News, Building Products & Structures, Floors, Interior Design & Construction, Interiors, Posts, Render, Restoration & Refurbishment, Retrofit & Renovation, WallsMembers of the MCRMA, the trade association for the metal cladding and roofing industry, had an exclusive opportunity to explore and discuss the changes affecting the construction sector at the first of the association’s roadshow events hosted by Siderise at its HQ and manufacturing facility in South Wales.
Posted in Articles, Building Associations & Institutes, Building Industry Events, Building Industry News, Building Products & Structures, Building Regulations & Accreditations, Building Services, Cladding, Exhibitions and Conferences, Health & Safety, Restoration & Refurbishment, Retrofit & Renovation, Seminars, WallsThe latest Builders Merchant Building Index (BMBI) report shows builders’ merchants’ value sales were down -2.1% in January compared to the same month in 2023.
Posted in Articles, Bathrooms & Toilets, Bathrooms, Bedrooms & Washrooms, Bricks & Blocks, Building Associations & Institutes, Building Industry News, Building Products & Structures, Building Services, Building Systems, Civil Engineering, Concrete, Cement, Admixtures, Doors, Drainage, Drainage Services, Facility Management & Building Services, Glass, Glazing, Hard Landscaping & Walkways, Interior Design & Construction, Interiors, Kitchens, Landscaping, news, Paints, Paints, Coatings & Finishes, Pipes & Fittings, Plumbing, Posts, Restoration & Refurbishment, Retrofit & Renovation, Site Preparation, Sustainability & Energy Efficiency, Timber Buildings and Timber Products, Waste Management & Recycling, Windows