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construction

  • Construction output weakens as gloom persists

    October 16, 2025

    UK construction output has continued to shrink as companies struggle to build at the pace required by the government’s far-reaching housing goals. Output fell 0.3 per cent month on month in August, according to the Office for National Statistics (ONS), with the most pronounced decline in repair and maintenance. “The underlying trends in construction are [...]

  • Construction sector hit by waning activity ahead of Budget

    October 6, 2025

    Business activity expectations in the construction industry have fallen to the lowest since the end of 2022 as companies remained glum on future outlook ahead of the Autumn Budget. The latest Purchasing Managers Index (PMI) from S&P Global showed construction output showed the industry hit its highest level for three months at 46.2 – though [...]

  • Over 150 high-rise schemes stuck in limbo as red tape clogs up UK construction

    October 4, 2025

    Over 150 high-rise construction projects in the UK have been stalled due to problems with the Building Safety Regulator, with over half of those located in London, according to new data.  A new survey from the Construction Plant-Hire Association (CPA), the UK’s leading trade association for renting building equipment, has found that crane fleets and [...]

  • Fenchurch Street’s new skyscraper looks great. Will it ever get built?

    October 2, 2025

    Canada Corporation has approved plans for another skyscraper in the Square Mile. Having had a look at the application, the building looks gorgeous and will surely make a great addition to the City’s skyline. I particularly like how the facade is interspersed with patches of greenery. But will it ever get built? [...]

  • Converge AI: Meet the UK tech decarbonising concrete with AI

    September 24, 2025

    Concrete is everywhere; It’s in the roads we drive on, the buildings we work in, and the infrastructure that shapes the UK’s cities. Yet despite its ubiquity, it’s also one of the hardest materials to make environmentally friendly. This is the challenge that British construction tech scale-up Converge AI, founded in 2014, is trying to [...]

  • Construction firms are ‘lagging behind’ as confidence plummets

    September 4, 2025

    Construction firms are struggling to kick back into growth, fresh data has suggested, as more bosses are becoming worried about a bleaker future ahead.  The Labour government is pinning hopes on a revival of the construction sector to build 1.5m homes by 2030.  However, a new survey has raised doubts about whether Labour can achieve [...]

  • Costain shares tumble after HS2 delays spark revenue slump

    August 20, 2025

    Shares in Costain tumbled 13 per cent in the opening minutes of trade in London after the construction firm was hit by further delays to HS2. The Bishopsgate-based business said its overall revenue fell 17.8 per cent to £525m for the first six months of the year, of which revenue for its rail infrastructure services [...]

  • Reasons to be optimistic about the UK’s construction sector

    August 13, 2025

    There are some early signs the UK’s beleaguered construction industry is turning a corner as higher demand, higher government investment and lower interest rates set shovels in the ground. Judging by the numbers so far this year, the UK’s construction industry is in a bad place: The sector contracted at the fastest pace since 2020 [...]

  • Balfour Beatty receives profit boost from government contracts

    August 13, 2025

    Infrastructure group Balfour Beatty recorded a jump in profit for the first half of the year after a bumper performance in its UK construction. The London-listed firm posted a £20m rise in pre-tax profit for the first six months of the year to £132m, up from £112m last year. It came as the business’ UK [...]

  • Bellway: Issues with government planning reforms cause delays

    August 12, 2025

    Housebuilder Bellway has said local councils have found it difficult to adapt to the government’s changes to the UK planning system, causing delays in the building process. The government recently announced an overhaul of Britain’s clunky planning system, promising to unleash “seismic change” on the country’s construction process. The National Planning Policy Framework (NPPF) has [...]

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