Construction Activity Rises For Second MonthMonthly construction output grew by 0.5% in June lifted by rises in both new work (0.9%), and repair and maintenance (0.1%).
While growth in June was weaker than the 1.7% rebound seen in May, the latest figures from the Office of National Statistics show seven out of the nine construction sectors grew.
The main growth drivers for construction in June were in non-housing repair and maintenance, and private commercial new work, which grew by 3.2% and 2.1%, respectively.
Financial Squeeze and Lack of Data Holding Back Net-Zero ProgressThe construction industry has moved closer towards meeting its net-zero ambitions but tough finances and a lack of data holding back further progress, research has suggested.
According to the latest biennial NBS Sustainable Futures Report, nine out of 10 respondents worked on projects with sustainable outcome targets, with almost half (48%) doing so at least most of the time.
Compared with the last report, published in 2022, there has been a 16% increase in the proportion of organisations measuring their carbon footprint.
UK Construction Growth Rate Hits Two-Year HighStrong expansion in July amid optimism that Labour’s shake-up planning laws will increase activity.
Growth in the UK construction sector hit its highest level in more than two years last month amid optimism that Labour’s shake-up of planning laws would boost activity.
In the latest sign that the economy is emerging from last year’s recession, the monthly health check from S&P Global Market Intelligence showed all three parts of the sector – commercial property, housing and infrastructure – expanding strongly.
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