The UK’s construction industry is critical to the country’s economic growth and here David Byrne, Director at R&D tax specialist, ForrestBrown, underlines the importance of funding innovation/R&D for the sector’s long-term prospects
Contract awards fell by a third to just £4.7bn in April, with major sectors suffering, according to the latest figures from construction analysts Barbour ABI.
In a UK industry first, energystore is launching a new low-carbon footprint insulation product range, energystore+, combining climate protection with high quality product.
Now that the construction industry has had time to digest the impact of Chancellor Jeremy Hunt’s Spring Budget, we gauge the early reaction of some of the leading figures within the sector.
The 32,000 sq ft (2,898 sq m) building will provide 88 boutique en-suite studios, including four rooms designed for those with disabilities and two premium suites.
For decades the UK construction industry has been plagued by issues such as modern slavery, data silos, lengthy onboarding, fake credentials and a lack of digital standard
Rising costs add £23bn to the cost of construction output when compared to pre-pandemic price levels; inflation pressures are expected to continue through the first half of 2023.
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