Election fails to spark construction industry revival - Revision history

Editor at 06:38, 22 August 2024

2024-08-22T06:38:55Z

← Older revision		Revision as of 06:38, 22 August 2024
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	* New engineering data shows over £52bn of projects were awarded to top 50 firms in the last year.		* New engineering data shows over £52bn of projects were awarded to top 50 firms in the last year.
	* Planning approvals increased by 20% in June ahead of Labour’s new drive for housebuilding		* Planning approvals increased by 20% in June ahead of Labour’s new drive for housebuilding
−	* Residential takes the reins ~~from infrastructure~~ as contract awards even out.	+	* Residential takes the reins as contract awards even out.
	* Types of consultant in the construction industry.		* Types of consultant in the construction industry.
	* Useful links for the construction industry.		* Useful links for the construction industry.

	[[Category:DCN_Commentary]] [[Category:DCN_News]] [[Category:DCN_Organisation]] [[Category:DCN_Project_Knowledge]] [[Category:News]] [[Category:Organisations]] [[Category:Publications_/_reports]] [[Category:Research_/_Innovation]] [[Category:Policy]] [[Category:Taxation]]		[[Category:DCN_Commentary]] [[Category:DCN_News]] [[Category:DCN_Organisation]] [[Category:DCN_Project_Knowledge]] [[Category:News]] [[Category:Organisations]] [[Category:Publications_/_reports]] [[Category:Research_/_Innovation]] [[Category:Policy]] [[Category:Taxation]]

Editor at 06:37, 22 August 2024

2024-08-22T06:37:29Z

← Older revision		Revision as of 06:37, 22 August 2024
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	[[File:Barbour_ABI_-_Planning_applications_2-_July_2024.png\|link=File:Barbour_ABI_-_Planning_applications_2-_July_2024.png]]		[[File:Barbour_ABI_-_Planning_applications_2-_July_2024.png\|link=File:Barbour_ABI_-_Planning_applications_2-_July_2024.png]]

−	--[[User:~~Barbour ABI~~\|Barbour ABI]] 17:06, 21 Aug 2024 (BST)	+	--[[User:Barbour_ABI\|Barbour ABI]] 17:06, 21 Aug 2024 (BST)
		+
		+	= Related articles on Designing Buildings =
		+
		+	* 2023 Spring Budget summary and industry response.
		+	* A second spring budget of 2023.
		+	* Benchmarking in the construction industry.
		+	* Construction contract awards jump to £7.3bn in May as uncertainty continues
		+	* Construction industry reports.
		+	* Construction industry statistics.
		+	* Homeowners turn to green energy upgrades as home improvement activity declines
		+	* Mixed results for construction in January 23 as planning approvals fall.
		+	* New engineering data shows over £52bn of projects were awarded to top 50 firms in the last year.
		+	* Planning approvals increased by 20% in June ahead of Labour’s new drive for housebuilding
		+	* Residential takes the reins from infrastructure as contract awards even out.
		+	* Types of consultant in the construction industry.
		+	* Useful links for the construction industry.
		+
		+	[[Category:DCN_Commentary]] [[Category:DCN_News]] [[Category:DCN_Organisation]] [[Category:DCN_Project_Knowledge]] [[Category:News]] [[Category:Organisations]] [[Category:Publications_/_reports]] [[Category:Research_/_Innovation]] [[Category:Policy]] [[Category:Taxation]]

Barbour ABI at 16:06, 21 August 2024

2024-08-21T16:06:42Z

← Older revision		Revision as of 16:06, 21 August 2024
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−	= [[File:~~Barbour ABI~~ - ~~Construction~~.jpg]]Election fails to spark construction industry revival =	+	= [[File:Barbour_ABI_-_Construction.jpg\|link=File:Barbour_ABI_-_Construction.jpg]]Election fails to spark construction industry revival =

	* Contract Awards 20% down on 2023 in July		* Contract Awards 20% down on 2023 in July
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	[[File:Barbour_ABI_-_Planning_applications_2-_July_2024.png\|link=File:Barbour_ABI_-_Planning_applications_2-_July_2024.png]]		[[File:Barbour_ABI_-_Planning_applications_2-_July_2024.png\|link=File:Barbour_ABI_-_Planning_applications_2-_July_2024.png]]
		+
		+	--[[User:Barbour ABI\|Barbour ABI]] 17:06, 21 Aug 2024 (BST)

Barbour ABI at 16:06, 21 August 2024

2024-08-21T16:06:01Z

← Older revision		Revision as of 16:06, 21 August 2024
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−	= Election fails to spark construction industry revival =	+	= [[File:Barbour ABI - Construction.jpg]]Election fails to spark construction industry revival =

	* Contract Awards 20% down on 2023 in July		* Contract Awards 20% down on 2023 in July
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	Labour’s election victory was not enough to kickstart project activity in construction in July. Contract Awards, where businesses are formally chosen as suppliers for projects, remained 20% down compared to July 2023.		Labour’s election victory was not enough to kickstart project activity in construction in July. Contract Awards, where businesses are formally chosen as suppliers for projects, remained 20% down compared to July 2023.

−	[[File:~~Barbour ABI~~ - ~~Contract Awards 2~~ - ~~July 2024~~.png]]	+	[[File:Barbour_ABI_-_Contract_Awards_2_-_July_2024.png\|link=File:Barbour_ABI_-_Contract_Awards_2_-_July_2024.png]]

	Ed Griffiths, head of business and client analytics at construction analysts, Barbour ABI said:		Ed Griffiths, head of business and client analytics at construction analysts, Barbour ABI said:
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	“We will also be tracking residential approvals over the coming months to see the effect of new housing policies on the planning system. Housing project approvals actually fell 16% from July – a figure Labour will hope is an aberration rather than a long-term trend.”		“We will also be tracking residential approvals over the coming months to see the effect of new housing policies on the planning system. Housing project approvals actually fell 16% from July – a figure Labour will hope is an aberration rather than a long-term trend.”

−	[[File:~~Barbour ABI~~ - ~~Planning Approvals 2~~ - ~~July 2024~~.png]]	+	[[File:Barbour_ABI_-_Planning_Approvals_2_-_July_2024.png\|link=File:Barbour_ABI_-_Planning_Approvals_2_-_July_2024.png]]

	= Planning applications on pause =		= Planning applications on pause =
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	“The next available set of data for applications with cover election month and it will be interesting to see if businesses were feeling brave enough to commit to future projects in the wake of Keir Starmer’s victory” concluded Griffiths.		“The next available set of data for applications with cover election month and it will be interesting to see if businesses were feeling brave enough to commit to future projects in the wake of Keir Starmer’s victory” concluded Griffiths.

−	[[File:~~Barbour ABI~~ - ~~Planning applications 2~~- ~~July 2024~~.png]]	+	[[File:Barbour_ABI_-_Planning_applications_2-_July_2024.png\|link=File:Barbour_ABI_-_Planning_applications_2-_July_2024.png]]

Barbour ABI: Created page with "= Election fails to spark construction industry revival = * Contract Awards 20% down on 2023 in July * Planning approvals decrease in challenge for new government – housing 16..."

2024-08-21T16:04:07Z

Created page with "= Election fails to spark construction industry revival = * Contract Awards 20% down on 2023 in July * Planning approvals decrease in challenge for new government – housing 16..."

New page

= Election fails to spark construction industry revival =

* Contract Awards 20% down on 2023 in July
* Planning approvals decrease in challenge for new government – housing 16% down from month before

Labour’s election victory was not enough to kickstart project activity in construction in July. Contract Awards, where businesses are formally chosen as suppliers for projects, remained 20% down compared to July 2023.

[[File:Barbour ABI - Contract Awards 2 - July 2024.png]]

Ed Griffiths, head of business and client analytics at construction analysts, Barbour ABI said:

“Despite some promising energy projects, we have yet to see a significant increase in Residential and Infrastructure awards that we might expect with the new government in the coming year.

“Though there were increases in Residential and Medical & Healthcare both come from poor previous months. The largest project in Residential is the 564 flat £140m Green Quarter development in London.”

Meanwhile, almost 75% of all Commercial and Retail awards occurred in London with the £200m Lansdowne House mixed development topping these awards. Elsewhere, the East Midlands saw a 168% increase in Contract Awards from last month with a £120m battery storage system making up around 16% of all awards in the region.

= Planning approvals will be a key indicator for new government =

Planning approvals decreased by 9% in July totalling £8.8bn, a 36% decrease from a highly productive July 2023, although infrastructure bucked the trend with a big increase from June.

“Infrastructure planning approvals will be of particular interest as an area where Labour can have a more direct and immediate influence,” said Griffiths. “The top approval for Infrastructure in July was the £200m Medway One Energy Hub followed by two 400MW battery storage facilities. Ed Miliband’s headline grabbing approval of several large solar panel projects will likely have a big impact in next month’s figures.”

“We will also be tracking residential approvals over the coming months to see the effect of new housing policies on the planning system. Housing project approvals actually fell 16% from July – a figure Labour will hope is an aberration rather than a long-term trend.”

[[File:Barbour ABI - Planning Approvals 2 - July 2024.png]]

= Planning applications on pause =

Analysis of planning applications in June, ahead of the general election, highlighted an industry on pause, with overall application value is down 32% from June 2023, its lowest for over 18 months.

“The next available set of data for applications with cover election month and it will be interesting to see if businesses were feeling brave enough to commit to future projects in the wake of Keir Starmer’s victory” concluded Griffiths.

[[File:Barbour ABI - Planning applications 2- July 2024.png]]