The UK’s construction sector experienced growth throughout April, according to the latest Chartered Institute of Purchasing & Supply (CIPS)/Markit purchasing managers index. This may be significant as a downturn in the industry was partly blamed for the economic contraction in Britain throughout the first quarter of the year, as gross domestic product slumped by 0.2 [...]
The timber frame building market will grow by 9% this year and top £400m in value, according to independent market research. The report by MTW Research forecasts that by 2016 timber frame sales will grow by 60% in volume and 80% in value, outstripping the expected pace of growth in other areas of the construction market. MTW highlights [...]
Employment in the construction sector grew in March as activity in the UK’s construction sector jumped to a near two-year high, according to the latest Markit/CIPS construction PMI survey. This was after employment in the sector fell in both January and February. Chris Williamson, chief economist at Markit, says: “The good weather appears to have [...]
March saw the strongest upturn in new construction orders since September 2007, four and a half years ago. The monthly survey of construction industry purchasing managers reports a marked expansion of UK construction sector output, with the rate of growth accelerating for a second successive survey period and confidence strengthening. The seasonally adjusted Markit/CIPS Construction [...]
The government’s newly-launched NewBuy Guarantee could see 50,000 new jobs supported in the construction and related sectors in the next three years. This is according to figures from industry body the House Building Federation, which estimates that 25,000 new homes could be built by the scheme in the next three years and its [...]
Britain’s construction sector grew at the fastest pace in nearly a year in February and firms turned more upbeat as order inflow picked up strongly, a survey showed on Friday, boosting chances that the economy is recovering from a contraction last quarter. However, in a reminder of the uphill struggle the industry as well as [...]
Applications are on the rise but skills shortages remain, so recruitment agencies are urged to show employers the extra value they can add. The credit crunch followed by a deep recession have left their mark on the construction sector. Even in recovery, construction candidate databases remain swollen but key skills shortages remain. With a lack [...]
The construction industry’s future employees are highly ambitious, clued-up and are keen to quickly climb the career ladder, according to the findings of a CITB-ConstructionSkills’ survey hosted on its youth website ‘bconstructive’ last month.Those born after 1985, nicknamed “Generation Thumb” because of their renowned enthusiasm for texting and gaming, cited ‘the opportunity to become your [...]
A ground breaking partnership was launched today to help put in place the skilled construction workforce that will be needed to deliver the UK’s New Nuclear Build programme and take full advantage of the employment and investment opportunities the project offers. The Memorandum of Understanding between the National Skills Academy for Nuclear and the National [...]
Two thirds (67%) of the working population is likely to move on if they were offered a better job, according to a new survey from recruiter Hays. This translates to around 19 million people who are ready to leave their current employer, despite the uncertain economic situation and fears about unemployment. But a third (33%) [...]
