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Budget 2021: An Investment-led Recovery
With the recovery from COVID-19 being the main focus of the Chancellor’s Budget there is a welcome shot in the arm for the construction and property industry.
The Capacity and Supply Chain of the Mass Timber Industry
G&T hosted a discussion on the capacity of the market as part of the ongoing mass timber office series that brings together experts to discuss and debate barriers to the uptake of mass timber in commercial office construction.
Hitting the NHS Capital Departmental Expenditure Limit (CDEL)
NHS Estates and Capital Project Departments have never been under so much pressure. Since March 2020, the Government’s response to COVID-19 has included substantial Capital spending. Trusts have been faced with creating additional bed capacity, increasing Critical Care capacity, repurposing Operating Theatres and upgrading infrastructure to support site wide extended medical gas provision or similar.
Construction helps UK economy avoid a double-dip recession
Government open to possibility of reviewing current immigration policy for construction workers, RIBA Survey: London posts positive workload index for the first time since lockdown 1, construction new order figures in Q4 2020 paint a strong picture of winners and losers on a sector-by-sector basis, contractors cut the time they are prepared to honour fixed-price contracts according to RLB survey, commodities “supercycle” fuelling above-trend price rises as demand for copper streaks ahead of constrained supply and production capacity.
Market Update Webinar - February 2021
This market update webinar includes the latest market views, an overview of G&T's Tender Price forecast for Q1 2021, as well as an expert panel discussion on the likely impacts of the Brexit deal. Speakers included G&T partners James Angus, Rachel Collins, Will Galley, Kerry Gibbs, Gavin Murgatroyd, Nick Rowe and Rob Webber.
Market Update - February 2021
G&T’s Market Update for February 2021 provides an overview of the UK construction market. Against a backdrop of ongoing disruption caused by the coronavirus (COVID-19) pandemic and new Brexit trading rules, our latest report highlights changes to key macro-economic indicators over the reporting period, as well as construction-specific metrics such as the UK Purchasing Managers’ Index (PMI), construction output, new orders and key material costs. We also outline our latest trade package and tender price inflation forecasts based on our quarterly surveys and regular discussions with the supply chain.
CPA forecasts a 14% rise in construction output in 2021 on the back of vaccine rollout
CPA forecasts a 14% rise in construction output in 2021 on the back of vaccine rollout, ONS: 93% of construction firms not experiencing import challenges – a stark contrast to UK manufacturing firms, IHS Markit: construction activity dipped for the first time in seven months in January 2021 as output fell and new order growth subsided, public Accounts Committee highlights risk that tax payers won’t get value for money on £600bn infrastructure pipeline, Sadiq Khan adopts a much-altered London Plan four years after starting work on it, Construction material prices continue to rise due to higher raw material costs and an ongoing supply/ demand imbalance
Brexit: Changes for UK Construction
To the relief of many working in the UK construction sector, the UK signed an historic Trade and Cooperation Agreement (TCA) with the EU on 30th December 2020. The TCA ensures tariff-free trade between the UK and European trading block, but construction will have to come to terms with a host of new rules and regulations that will impact the procurement and delivery of projects.
Mass Timber in Office Construction: Does it impact the cost and programme of your project?
In the fifth session hosted by G&T as part of the ongoing Mass Timber Office series the panel of experts focussed on what implications using mass timber for office construction may have on a project’s cost, programme and the procurement approach, from the design phase right through to construction.
Targeted Property Investment: We Have the Framework...Let’s Use It!
In this short article, G&T’s Construction & Property Tax Advisory team ask the UK government to start incentivising business to help drive positive growth and good sustainability credentials.
Decarbonising Transport: Retail in the Automotive Sector
The fourth in our electric vehicles series, this report looks at retail within the automotive industry.
Best Practice When Building with Mass Timber
G&T brought together experts from across the construction industry to discuss best practice methods as part of our ongoing Mass Timber Office series.