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construction

  • Housebuilding stocks recover as industry reaches ‘rock bottom’

    Property

    The UK’s biggest housebuilder kept to the well-rehearsed tone of gloom which has loomed over the sector in recent months, when it became the latest to pull back on spending amid the market uncertainty caused by the Iran war. FTSE 100 firm Barratt Redrow said its financial targets hold firm, but warned that the blockage [...]

    Confidence in the construction sector has fallen to its worst level in nearly three years.
  • ‘Entirely avoidable’: Build-to-rent housebuilding slows as London planning wait doubles

    Property

    The construction of build-to-rent homes in Britain is in danger of grinding to a halt as the planning wait for London homes has almost doubled in this decade. The number of build-to-rent homes under construction has fallen for the ninth consecutive quarter, according to data shared exclusively with City AM. The government has pledged to [...]

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  • Construction firms slash jobs after biggest-ever cost inflation rise 

    Property

    Construction businesses cut jobs at a faster pace in March while the month-to-month inflation rise was the largest on record in a survey that has existed for 29 years.  S&P Global said the difference in a reading for cost inflation between February and March was the largest it had ever recorded since data collection began [...]

    A decrease in repair and maintenance drove the decline in construction
  • Labour must reform biodiversity laws to boost housebuilding, trade body says

    April 3, 2026

    Housebuilders are calling on the government to reform its biodiversity quotas for developers to lessen the costs and delays they say it causes to businesses.  The Home Builders Federation (HBF), which represents the housebuilding industry, welcomed recent changes to biodiversity laws but said they do not go far enough in lifting the burden on housebuilders.  [...]

  • Berkeley shares plummet as it ‘pulls up drawbridge’ and stops buying land 

    April 1, 2026

    Shares in leading housebuilder Berkeley plummeted on Wednesday after it paused housebuilding to protect its balance sheet against an “unprecedented increase in cost and regulation”.  The firm’s share price fell by more than 17 per cent shortly after markets opened, to a decade low, leaving the stock down 28 per cent this year at 2,832p. [...]

  • Family-run construction firms pushed ‘to brink’ by inheritance tax

    April 1, 2026

    Family-run construction firms are being pushed to the brink of insolvency by reforms to inheritance tax which undermine Labour’s housebuilding target, a trade body has warned. Plant-hire firms – which provide machinery and services to the construction sector – are almost always family run and are being forced to scale back by inheritance tax changes, [...]

  • Cancel student debt in exchange for first time buyer equity, housebuilders urge government

    March 24, 2026

    Cash-strapped graduates struggling to get on the property ladder should have their debt written off in exchange for giving over a stake of their first home to the government, a new report has urged. The report, backed by more than 50 housing sector bodies including top housebuilders Vistry and Barratt Redrow, proposes offering a discount [...]

  • London skyscrapers under pressure as construction costs mount

    March 24, 2026

    The cost of building London skyscrapers has soared by 40 per cent in five years as pressure on the capital’s high-rise property market mounts. The average cost of building a tower in the capital has increased from between £3,800 and £4,300 per square metre in 2020 to between £5,200 and £6,500 last year, according to [...]

  • Housebuilder hopes raised as government pledges 200k homes in new town scheme

    March 23, 2026

    Housebuilders are hoping for a boom in construction after the government pledged nearly 200,000 new homes as part of its new town programme, though it has cut five potential sites from its shortlist. Labour’s housing and communities department is billing the scheme as the most ambitious housebuilding plan in the last 50 years, with seven [...]

  • Sluggish economy spooks small housebuilders

    March 20, 2026

    Small and medium (SME) housebuilders are being put off from investing in new projects by the UK’s economy and housing market, according to a new report. As many as 70 per cent of SME building firms said current market conditions are reducing their appetite for starting new sites and a quarter expect to cut back [...]

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