Number of new homes built in 2024 plunges by a fifth in blow to government house building targets May 13, 2024 "Rises in the Bank of England's base rate have driven mortgage rates higher, leading to a drop in new home purchases and a slowdown in house price growth," Steve Wood, chief executive of the NHBC said.
UK construction activity recovers despite housebuilding struggles May 7, 2024 Of all the sub-sectors, activity in the commercial sector increased at the fastest pace with a score of 53.9.
Revenue and sales down at SIG ahead of annual meeting May 2, 2024 Construction supplier SIG has pointed to "challenging market conditions" as being the reason behind a further fall in sales and revenue in the year to April 30.
Slowdown in housebuilding hits Brickability’s top line April 26, 2024 The revenue decline reflected "the lower levels of demand in Bricks and associated building products experienced in the first nine months of the year."
Inside the past, present and future of stadium design with Populous April 24, 2024 One of the cherished memories for any sports fan is that intake of breath from sheer disbelief when you first climb the concrete steps from the bowels of a stadium to glimpse the scale of the arena which a team you’re about to both fall in love with and despise for a lifetime calls home. [...]
Competition regulator wins ‘important’ legal challenge over search warrants April 22, 2024 The competition watchdog has won a legal challenge against the Competition Appeal Tribunal over domestic search warrants for an alleged cartel investigation
Severfield launches buyback as booming steel demand in UK and Europe powers record backlog April 17, 2024 The acquisition of Voortman has helped the firm diversify from its home market in the UK, with 32 per cent of its order book now located in Europe.
London pips Geneva as world’s most expensive city to build in April 16, 2024 Every city in the UK and Ireland sat within the top 25 most expensive locations to build in the world, excluding Belfast.
Sigmaroc nets £214m revenue as chief hails ‘transformational’ CRH acquisitions April 12, 2024 Sigmaroc has reported a strong first quarter, with its chief hailing a "transformational" €1bn deal to acquire a string of European lime businesses.
London is in a race for space – and developers need to do more than look up April 12, 2024 Tall buildings are great, but with huge demand for quality physical space in the capital, the construction industry needs to be more creative, says Ged Simmonds Despite post-pandemic fears of vacant buildings and stranded assets, recent coverage has revealed that London is now in the midst of a ‘race for space’. News that Deloitte has [...]