The West Midlands Combined Authority (WMCA) has formed an Advanced Manufacture in Construction (AMC) advisory group to support the delivery of much needed, high-quality housing at pace and scale. AMC involves manufacturing building components in factories away from building sites and then assembling the parts more quickly and efficiently to produce quality homes. The WMCA […]
A Glasgow-headquartered construction firm will continue to put safety first across its UK sites post-lockdown with the support of Bank of Scotland. PVP Developments, which is currently delivering a £10m luxury apartment scheme in Yorkhill, Glasgow, is planning to re-open sites in the coming weeks after securing a £750k loan via the Coronavirus Business Interruption […]
The total value of construction contract awards in April 2020 was £4.4 billion based on a three-month rolling average. This is a decrease of 36.4% on March and is also 16.1% Lower than April 2019. It is also the lowest monthly value recorded since June 2018. Contract awards numbers in April decreased by 45.5% to […]
United Trust Bank responds to the Government relaxing Covid-19 rules surrounding house moves and the news that some surveyors are preparing to recommence in-person valuations and inspections. Noel Meredith, executive director of United Trust Bank, commented: “The government’s relaxation of rules surrounding home moving activity and surveyors recommencing in-person valuations is welcome news and a […]
RICS UK Residential Market Survey, April 2020 With the market having been effectively closed for business, 80% of the April RICS UK Residential survey’s contributors saw both buyers and sellers pulling out of transactions, resulting in the newly agreed sales balance for April falling to -92%, down from -68% in March. In April, the survey […]
Subcontractors are entering the most challenging period of the COVID-19 outbreak according to Jim Davis, managing director for construction finance at Bibby Financial Services. With cash reserves all but used up, the resumption of major construction projects will pose a significant threat to the financial viability of many sub-contractors. He explains: “The next 4-6-weeks will […]
Legal & General Modular Homes announces that it has gained planning consent to deliver 154 homes, using modular construction, at an eight acre site on Portholme Road, Selby in North Yorkshire. From its factory in Sherburn-in-Elmet in Yorkshire, Legal & General Modular Homes has ambitions to build its annual housing delivery to 3,000 modular homes […]
Local people are learning specialist skills for essential work to maintain the country’s infrastructure, thanks to new training funded by the West Midlands Combined Authority (WMCA). Working in partnership with City of Wolverhampton College and employment agency Randstad, the WMCA is funding a bespoke training course on operating specialist on-site machinery. As part of its […]
An SME civil engineering firm that has worked on projects at St Paul’s Cathedral and The Oval cricket ground has safeguarded jobs amid widespread construction site closures after receiving a time critical loan from Lloyds Bank. Foran Construction, which offers groundwork services for commercial and civil engineering projects across the South East, is based in […]
Legal & General announces that it is investing £150m into Sheffield’s West Bar Square development to deliver the first phase of this substantial mixed-use project in partnership with Developer Urbo and Sheffield City Council, as it continues to invest for the long-term, supporting the UK’s post crisis economic growth prospects, jobs and housing needs. The […]
