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.
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.
Without doubt, the most noticeable and impactful change to the workplace environment during the Covid-19 pandemic has been the seismic shift in workplaces.
Forecasters have had a tough gig in recent times. The word “unprecedented” gets banded about a lot, but 16 months into a global pandemic we have, and continue to experience an economic and social environment with no comparison in living memory.
While we all know construction needs to up its game when it comes to gender parity, equally it must allow a level playing field so that women can reach the senior positions where they are so under-represented.
If there’s one thing we can say with certainty about the rest of 2021, it’s that those in the forecasting game are going to have a tough year. Models and trends only take you so far when everything can change in the blink of an eye.
At the height of the pandemic, Barbour ABI data confirmed that the industry saw at least £70bn worth of projects delayed or on-hold due to the impact of the coronavirus.
The COVID-19 pandemic caused a huge amount of upheaval and turmoil in industries across the globe. Although parts of the construction industry were considered vital work, and therefore able to continue after only a short government stoppage,
With shafts of restriction-easing light starting to spear through the gloom of the third national lockdown, the 2021 budget focused on maintaining much-needed emergency support measures to lessen the damage wrought by Covid-19.
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