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Gloom slowly lifting from construction buyers

Gloom slowly lifting from construction buyers

The downturn in the UK construction sector showed signs of easing in May with output and new orders falling at the slowest pace since January while growth projections for the year ahead improved again. The bellwether S&P Global UK Construction Purchasing Managers’...
PMI still negative but getting less bad

PMI still negative but getting less bad

The downturn in UK construction showed signs of easing in May. Read Full Article: The Construction Index from All Construction News | Construction Index https://ift.tt/e1vqm8x
Mace stays on growth track despite softer profits

Mace stays on growth track despite softer profits

Mace has filed accounts for 2024 showing substantial turnover growth but an even more substantial reduction in profits.Read Full Article: The Construction Index from All Construction News | Construction Index https://ift.tt/vLwPjcR
Over 1,300 finished flats lying empty in Gateway 3 logjam

Over 1,300 finished flats lying empty in Gateway 3 logjam

More than 1,300 completed flats across nine high-rise projects are sitting empty as developers battle delays at the final Gateway 3 stage of the building safety approval process. The projects are part of a backlog inherited by the Building Safety Regulator after...
Modular specialist Elements Europe falls into administration

Modular specialist Elements Europe falls into administration

Offsite construction specialist Elements Europe has gone into administration after moving into main contracting. The £42m turnover firm had been in business since 2005 with a manufacturing facility located in Telford, Shropshire. The company specialised in off-site...