Construction activity in June expands at fastest pace since June 1997
Construction activity in June expanded at the fastest pace since June 1997 according to the latest PMI data, largely thanks to a sharp rise in new orders. The index rose to 66.3 with sharp increases in business activity seen across all three main areas of the construction sector.
Market Update Q3 2021
This market update webinar includes the latest market views, an overview of G&T's Tender Price forecast for Q3 2021, as well as an expert panel discussion on the ongoing opportunities and constraints following the COVID-19 pandemic and current fluctuations in the market.
COVID Recovery - Hold Your Nerve!
We live in strange times – a saying perhaps never more used than over the last 16 months. As we look forward to a post-COVID normality, is normality what we will get? The construction industry has seen materials price increases across a whole range of areas, giving the highest increase for 15 years. What’s causing this sudden spike in prices and how do we navigate through this period of uncertainty?
Construction work to the end of May 2021 up 5% on previous quarter
Glenigan's latest Construction Review shows that construction work starting in the three months to the end of May 2021 was up 5% on the previous quarter. The average value of jobs starting in the quarter was £5.395m - a 49% increase on the whole of 2020.
New orders and output rise again in May's construction PMI survey
New construction orders increased at the fastest rate since the survey began in April 1997 according to May’s IHS Markit/CIPS UK construction PMI. The total activity index rose to 64.2 in May (from 61.6 in April), indicating that the construction sector remains on a strong recovery path.
Market Research Bulletin: Hospital schemes set to receive £2.7bn cash injection
G&T to provide cost management services on British Land’s new mixed-use Canada Water scheme, UK construction activity contracts for the fifth consecutive month according to the latest PMI survey, Government launches consultation on energy regulations to improve the efficiency of new homes from 2020, Hospital schemes set to receive £2.7bn cash injection as part of a new hospital building programme plus more news and data from across London and the UK.