In the dynamic world of property development, a builder’s reputation is one of their most valuable assets. Today’s homebuyers expect more than just high-quality design and materials; they demand long-term peace of mind. For developers, navigating construction, finance and risk management requires not just a clear strategy but reliable partners.
In last night’s (10 May) announcement to the nation, prime minister Boris Johnson encouraged construction workers to return to sites as he revealed plans to alleviate lockdown.
The government has supported guidance for all companies involved in the construction supply chain on how to minimise potential disputes during Covid-19.
Demand for labour on construction sites across the UK decreased by 70% in April, as building firms ask tradespeople to cut their rates by 10-30%, according to Hudson Contract.
The incoming CIBSE president, Stuart MacPherson, has made an appeal for net carbon standards and an ambitious programme to refurbish existing buildings to drive recovery after Covid-19.
Subcontractors face mounting pressures as sites begin to reopen, posing a threat to financial viability, according to Jim Davis, managing director for construction finance at Bibby Financial Services.
UK construction output fell at the fastest rate ever in April, as suddenness of the drop 'knocks the wind' out of building work in the UK, according to the latest construction PMI.
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The perception of procurement needs to change, from its current position of being seen as a barrier to progress and to become the “enabler” of productivity, says Constructing Excellence in their latest report, Nuclear Factory Thinking.
Nearly half of project professionals say construction projects have been delayed as a result of coronavirus, as fears grow for future disruptions, according to a survey by the Association for Project Management (APM).
Kier Highways has secured an additional 12 months on its highways contract worth £40m, which will see the company continue to provide highways maintenance works to Surrey County Council.
