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2030 new build target – driven by refurbishments

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With Christmas just around the corner and the winter season in full swing, the offseason for the construction industry has officially begun. Construction is usually one of the hardest-hit industries when the wintry weather hits. However, this month’s Snap Analysis reveals that overall the construction industry took a dip in contract awards by 24% in … Read more

London Dominated 24.5% of all Residential Contract Awards

House in London

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

Back to business for the Hotel, Leisure and Sports Sector

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

Contract awards in Education – The highest since 2017

Classroom with hands up

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

Launching our latest report – Deep Insights

Deep Insights

Barbour ABI launches new quarterly report diving deep into the construction industry outlook This month, Barbour ABI will launch the first in its new report series named Deep Insights. The aim is to look deeper into each sector to give you a better understanding of trends at the subsector level underneath the headlines that we … Read more

Our Newest Construction Market Report

Snap Analysis

This week we decided to interview our Chief Economist, Tom Hall on the new and improved Economic and Construction Market Review renamed, Snap Analysis. Find out what he had to say here What is Snap Analysis? Each month, the Barbour ABI economics team produces a report analysing construction contract awards comparing historical activity levels by … Read more

January sees contract awards increase by 18.5%

Economic Construction and Market Review Collage Feb 2020

The total value of construction contract awards in January 2020, was £5.5 billion based on a three-month rolling average. This is an increase of 18.5% on December 2019 and is also 2.1% ahead of January 2019. In the three-month period ending January 2020, total construction contract awards were valued at £15.6 billion which is 7.1% … Read more

Balfour Beatty tops the Contractor League Table for December

Top 50 League Tables Banner December 2019

The results are in for December’s top 50 Contractors in the UK. Balfour Beatty topped the table with three contract awards at a total value of £297 million. The award of the Midland Metropolitan Hospital in Smethwick, a project that was originally contracted to Carillion, contributed £267 million to their total. In second and third … Read more

Sir Robert McAlpine tops the Contractor League Table for November

Top 50 League Tables Banner November 2019

Sir Robert McAlpine took the top contractors spot this month with five contract awards totalling £561 million. A mixed development at Gateshead Quays contributed £250 million to the total. BAM Construction and Vinci Construction were in second and third place for November 2019 top contractors, with a total contract award value of £122 million and … Read more

UK Construction Activity – October 2019

Top 50 League Tables Poster

Talks of Brexit swallowed October up right until the final week when an extension was granted by the European Union, buying the UK another three months times to reach a decision. Since, a general election has been called. This will undoubtedly create another interesting couple of months for the UK economy and therefore the construction … Read more

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