With the commercial and industrial markets facing uncertain times, one of the more reliable sources of new work for the construction industry is the UK’s universities.
The core parts of the government’s Northern Powerhouse Rail project are set to be completed after the government committed to the work being funded in the recent November budget.
A rare piece of economic good news emerged in a recent report suggesting that the drive for ‘levelling up’ is having an impact and generating some significant new construction work in the North of England thanks to a sharp rise in overseas investment in the area.
A new twist on the Build to Rent concept emerged recently when planners approved the first development of homes to be built specifically for families to rent.
More than £15 billion-worth of renewable projects have secured planning permission in the past year with the bulk made up of proposals for new wind farms.
Construction growth has faltered after a post-pandemic boost at the start of last year but there will be a return to stronger growth in the short-term according to the latest industry construction forecast from Glenigan.
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