Construction

  • Photo of UK Landscape Barometer records positive performance

    UK Landscape Barometer records positive performance

    February 2021 saw a dominantly high performance across all industry types, displaying no declines, according to our latest UK Landscape Barometer. ONS recently released statistics stating that work in the construction industry saw an increase of 1.6% in February 2021, and our latest UK Landscape Barometer supports this. Nationally, projects were up 61% on average and conversion rose by 35%. OVERALL PERFORMANCE year-on-year Each sector experienced an increase in turnover in February 2021. On average, turnover rose by 31%. In addition, confidence has shown a continued steep increase since the beginning of this year. SECTOR PERFORMANCE year-on-year Domestic landscaping Domestic…

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  • Photo of House prices in February 2021

    House prices in February 2021

    House price headline statistics for February 2021: The average house price was £250,341 The annual price change for a property in the UK was 8.6% The monthly price change for a property in the UK was 0.0% The monthly index figure for the UK was 131.3 House prices UK house prices increased by 8.6% in the year up to February 2021, up from 8.0% on January 2021. This is the highest annual rate for growth since 2014. On a non-seasonally adjusted basis, average house prices in the UK were unchanged between January and February 2021, compared with a decrease of…

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  • Photo of Construction output records show highest month on month growth since September 2020

    Construction output records show highest month on month growth since September 2020

    Construction output rose by 1.6% in February 2021, marking a second monthly rise according to the latest ONS figures. New work saw an increase of 1.5% and there was a 1.9% rise in repair and maintenance. This was the highest monthly growth in all work since September 2020 when it grew by 1.8%. The monthly increase in new work was due to growth in all new work sectors apart from infrastructure. The largest contributor to this growth was the private commercial sector which grew by 4.0%, and public new housing which grew by 13.5%. However, the level of construction output…

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  • Photo of Green spaces key element in new housing in the North East

    Green spaces key element in new housing in the North East

    Greener building and conserving wildlife work in unison in the North East as a new path to sustainable development prompts action. Natural England’s district level licensing (DLL) scheme, which primarily prioritises protecting wildlife, also helps support the Government’s ambitions to build greener. The program has been launched in Northumberland, Durham, Tyne & Wear and Tees Valley. Great crested newts are protected under UK and EU law due to their dramatic decline in population over the last 60 years. It is an offence to harm or disturb them. Therefore, developers must apply for a licence prior to any construction on or…

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  • Photo of Construction output increases by 1.7%

    Construction output increases by 1.7%

    Construction output was off to a good start this year – outperforming the overall economy in January 2021 despite the disappointing entrance into a third national lockdown. The sector grew by 0.9% in the month-on-month all work series, projecting a rise to £13,639 million according to the Office for National Statistics. This promising return to monthly growth follows the 2.9% fall in December 2020. Prior to this there were seven consecutive periods of monthly growth. However, this is still 2.6% below the pre-COVID February 2020 level. The level of new work was 6.4% below this whilst repair and maintenance work…

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  • Photo of Construction output in December 2020

    Construction output in December 2020

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