Article Type: insight
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East of England
East of England Overview Projects starting on-site and detailed planning approvals both weakened during the quarter to March. However, strong growth in main contract awards boosted the development pipeline. The total value of project-starts in the East of England was £1.33bn, which is a 2 per cent decrease against the previous quarter and 44 […]
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West Midlands
Overview Project starts and main contract awards weakened against the previous year. On a more positive note, detailed planning approvals performed relatively strongly against 2022 levels and the preceding quarter. Work starting on-site in the West Midlands added up to £1.153bn during the quarter to March, a 3 per cent increase compared with the […]
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UK Economy
The UK’s economic prospects continued to brighten during the course of the last year. The UK economy grew strongly in 2014, by 2.6%, and the consensus of current forecasts published by HM Treasury is that that this will be sustained with growth of 2.7% in 2015. The UK unemployment rate fell to 5.5% during the […]
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Summer Budget 2015 – Summary & Analysis
Summer Budget 2015 On Summer Budget day Glenigan commented on the Chancellor’s statement and published a summary of the key measures in the Budget that had implications for UK construction. A copy of the report can be found here. Glenigan Comment Today’s Budget was the Chancellor’s opportunity to set out the new Government’s fiscal priorities and strategy for […]
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NFRC Trade Survey Q4 2020
NFRC Trade Survey – Material shortages the top concern for roofing contractors in 2021 finds new industry survey When asked to rank their top three concerns for 2021, almost half of roofing and cladding contractors (48 per cent) put material shortages top, according to a brand new State of the Roofing Industry Survey, produced by […]
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UK Construction Prospects
Short Term Implications of Covid-19 As the Coronavirus/COVID-19 pandemic impacts the industry, Glenigan research has identified a rising number of projects that have been put on hold as a direct result of the Coronavirus. At March 30 2020, work had been suspended on 1,924 building sites involving £89 billion-worth of work, The government is […]
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Industrial
Industrial Industrial – Overview Project-starts, main contract awards and detailed planning approvals experienced declines against the previous quarter and last year. However, underlying approvals experienced some growth. During the first quarter of 2023 industrial project-starts fell 42% against the preceding three months to stand 59% down on a year ago, totalling £1,107 million. Major […]
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Social Housing
Social Housing – Overview Project-starts, main contract awards and detailed planning approvals all decreased on the previous year. Totalling £1,487 million, social housing work starting on-site increased 19% during the three months to March to stand 54% down on the previous year. Major projects (£100 million or more) at £250 million increased on the […]
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North East
Overview Project-starts, main contract awards and detailed planning approvals all decreased on the previous quarter and last year’s levels. Totalling £919m, work starting on-site in the North East decreased 21 per cent during the three months to March and remained 34 per cent lower than a year ago. Major projects (£100m or more) starting […]
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Offices
Offices Offices – Overview While project starts and main contract awards fell against 2022 levels, detailed planning approvals increased on the previous year and preceding three months, to provide a boost to the development pipeline. Office work starting on-site totalled £1,920 million during the three months to March, a 26% increase compared with […]