According to the latest Markit/CIPS UK Construction Purchasing Managers’ Index (PMI), the UK construction industry reached a better than expected eight-month high in November. However, costs are growing at the fastest pace since 2011, fuelled by the post Brexit vote drop in sterling.
Companies also reported the resumption of some major projects delayed after the Brexit vote and construction jobs growth hit a six-month high. There are concerns about the build-up of inflationary pressures, uncertainties over the long term impact of Brexit, and problems created by the skills shortage in the UK.
Bloomberg reported that though construction activity in the UK grew, companies warned that rising costs are squeezing their profit margins.
The PMI index rise last month was underpinned by increased commercial and civil engineering work as well as growth in house building. Tim Moore, a senior economist at Markit said “UK construction companies experienced a steady recovery in business activity during November, which continues the rebound from the downturn seen over the third quarter of 2016”.
Architectural ironmongers are being encouraged by the GAI to demonstrate their competence for specifying door hardware by gaining a diploma in architectural ironmongery in preparation for industry changes.Posted in Architectural Ironmongery, Articles, Building Associations & Institutes, Building Industry Events, Building Industry News, Building Products & Structures, Training
Aluminium systems specialist Schüco is launching its new unitised UDC 80 façade system, combining enhanced energy efficiency with design versatility and proven weather resistant performance.Posted in Aluminium Products, Articles, Building Industry News, Building Products & Structures, Building Systems, Facades, Innovations & New Products, Restoration & Refurbishment, Retrofit & Renovation, Sustainability & Energy Efficiency, Walls
Knightsbridge, one of the UK’s leading brands of wiring devices, accessories and lighting, has published its new 2021 catalogue, which became available to the trade at the beginning of September.Posted in Articles, Building Industry News, Building Products & Structures, Information Technology, Innovations & New Products, Lighting, Posts, Publications
A Waterproofing Designer’s philosophy defines what they wish to accomplish in the design of their waterproofing system and which principles they will use to do so, as Delta explain here.Posted in Articles, Building Industry News, Building Products & Structures, Building Services, Damp & Waterproofing, Membranes, Posts, Restoration & Refurbishment, Retrofit & Renovation, Walls