A RICS (Royal Institute of Chartered Surveyors) survey has revealed that labour shortages could be the biggest roadblock standing between the construction sector and continuing growth. Over the first quarter of 2015, close to two thirds of polled firms claimed that a skilled labour shortage is worsening in the UK. Skill Specialists in High Demand With growth […]
Something big is coming to London’s Dockland’s very soon. Over the coming 4 years, building will begin on the UK’s tallest ever residential tower on the South Quay Plaza site on the Isle of Dogs. Standing at 220 metres, the new construction will dwarf Britain’s other residential towers, climbing to encompass 68 stories. The completed structure will come […]
Construction and development solutions provider GB Building is poised to enter administration after a select set of staff were informed that the company has filed a notice of intention to go into administration. Top and mid-level staff, alongside the company’s securities teams were told of the impending issue on Wednesday 4th March. Security staff began securing a number of […]
There may be renewed cause for optimism in the construction sector this month as the UK’s second largest house builder, Taylor Wimpey, claims that the difficult building cost rises, which saw costs burgeon by 5% last year, may have finally hit their peak. This week, Taylor Wimpey chief executive Pete Redfern announced impressive annual profits […]
The UK Government looks likely to give trade bodies the power to challenge late payments and unfairly long payment terms set by large contractors. This is welcome news in the same week which saw the Specialist Engineering Contractor’s Group (SEC) release a manifesto detailing the construction industry’s biggest priorities. Tackling rife late payment by big, […]
Construction firm Bouygues are launching the second, £130m Canning Town phase of their Hallsville Quarter project after reaching financial close. The latest phase is a significant part of the London Borough of Newham’s £3.6bn Canning Town & Custom House Regeneration Programme which aims to build a sustainable community for both residents and businesses in the […]
South East construction firm Bovis Homes built a record number of residential properties in 2014 and aim to take their achievement even further in 2015. Speaking as part of a trading statement for the year, the company announced that they achieved a 29% growth in legal completions in 2014, successfully erecting 3635 homes throughout last […]
