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UK construction activity September 2024: Offices

Windows of Skyscraper Business Office, Corporate building in London City, England, UK

Project starts and main contract awards decreased compared to both the previous quarter and the previous year. Positively, detailed planning approvals increased year-on-year and quarter-on-quarter, bolstering the development pipeline. Offices overview Office work starting on site totalled £1.125bn during the three months to September, a 62 per cent decline compared…

UK construction activity September 2024: Industrial

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Project starts and detailed planning approvals declined compared to both the previous quarter and the previous year. On a more positive note, main contract awards increased compared to the year prior, bolstering the development pipeline. Industrial overview During the three months to September, industrial project-starts fell 45 per cent against…

UK construction activity September 2024: Housing

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Project starts fell against the previous quarter and last year. More positively, there was growth in main contract awards compared with the preceding three months and a year ago. Housing overview Totalling £10.5bn, residential work commencing on-site during the three months to September fell 17 per cent against the preceding…

UK construction activity: September 2024

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Detailed planning approvals and project starts faced declines compared to both the prior three months and the same period last year. In contrast, main contract awards saw growth year-on-year. Averaging £8.775bn per month, work commencing on-site during the three months to September experienced a poor performance, decreasing 22 per cent…

The untold environmental risk of UK’s electric grid rollout

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Tristan Hughes is business unit manager at water-services company OSSO There has been little discussion of how to manage the environmental risks posed by the unprecedented expansion of power grids envisaged in the UK. Long-distance, high-voltage transmission grids are set to connect cities to remotely located renewable power sources. However,…

Construction M&A: are we seeing a revival?

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Sinead Cuthill is an associate and Dan Coppel is a partner at Faegre Drinker Biddle & Reath Merger and acquisition activity in the UK construction sector has declined from its peak in 2022, frustrating would-be buyers and sellers, as well as the bankers, brokers, lawyers and accountants who service the…

How digital transformation is transforming ESG

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Jozefa Lewis is sustainability and wellbeing manager at ODGroup As we all know, the construction industry has a carbon problem. In the UK, the built environment produces more than 10 million metric tons of carbon per year, making it one of the most significant polluters of the major industries. At…

Reshaping residential: how viable are office conversions?

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Kieran Bradley is director of architecture at consultancy Pick Everard As a society, much is made of our ability to repurpose where possible. Buildings are no different, and in recent years we’ve come a long way in making our construction choices more net-zero ambitious. Now, Labour is pledging to build…

Steel safety checks take game-changing leap to digital

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Lee Brankley is chief executive of the Certification Authority for Reinforcing Steels  It will have barely registered on the screens of brokers trading amid the relentless global movement of rebar, but the last rites have finally been read to firms using “potentially false” steel paper trails. An arm of the…