This month was an excellent month for contract awards. Growing by 37% and reaching £8.3bn, October was the biggest month for contract awards since April. The standout sector this month is Residential. According to Snap Analysis the sector had a month-on-month growth of 18% with £2.3bn worth of contract awards, which is over a fourth … Read more
The autumn 2021 budget arrived with the economy in a better place than expected, thanks to the success of Covid-19 vaccines keeping hospital admissions from overwhelming the NHS. This gave the chancellor more to play with than anticipated. Overall, it was a cautious budget, leaving room for manoeuvre towards the end of the parliament. Help … Read more
Data Driven In September, contract awards resumed normality and achieved above average levels. There were 1,216 contracts awarded with a value of £6.1bn. According to Snap Analysis, this success was driven by commercial and warehousing projects. However, a sector which saw drastic improvement in terms of contract awards was the Hotel, Leisure and Sports Sector. … Read more
Data trends August, typically a quiet month for construction has had a huge turnaround this month, all thanks to the education sector. Making up around 17% of the entire construction industry, the education sector saw the biggest month since 2017 for contract awards, grossing over £700m in new contracts. The common assumption is that the … Read more
Many believe this to be a pivotal moment in the future of UK construction. Demand is outstripping supply – both in terms of people as well as materials. An ageing workforce due to retire, a lack of young people acquiring the specialist trades skills the industry needs and the impact of Brexit have created what … Read more
Meeting the government’s 2050 net-zero greenhouse gas emissions commitment presents an unprecedented engineering challenge. Not only is it legally binding, but the existential threat of climate change provides one of the greatest imperatives for humanity, let alone the construction sector. Sizing The Challenge However, the sheer scale of what will be required is breathtaking. Stop … Read more
Without doubt, the most noticeable and impactful change to the workplace environment during the Covid-19 pandemic has been the seismic shift in workplaces. Those who could work from home were strongly advised to do so. Those who could not either had to carry on but with extra protection, like hospital, shop and delivery workers, or … Read more
Understanding the different types of construction projects (and why it matters for lead generation) Projects by their very nature are one-off, temporary tasks that see a building or structure go from drawing board to completion. That’s why there’s a constant need for construction companies to be on the lookout for new construction projects – once … Read more
Like any other industry, construction is constantly having to adapt to new challenges. The challenges facing the engineers aiming to tunnel near Stonehenge might be very different to those faced by the monument’s Neolithic builders, but when something needs doing, builders find a way. It’s generally a good thing, of course, to respond to such … Read more
In our 4 Questions interview… This month, in partnership with the Department for Business, Energy and Industrial Strategy (BEIS), we spoke to Tanja Groth, Director of Urban Resilience at Sweco. Sweco are avid users of the Heat Networks Planning Database. In this interview Tanja describes how the database has supported Sweco’s work in tracking the shift … Read more
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