Menu
18/01/2002
NHBC reveals rise in housebuilding applications
The latest round of statistics released by NHBC (National House Building Council) show that UK applications to build new homes increased by 6 per cent during December 2001.
A total of 8,258 applications were made by the private sector and housing associations to start new homes in the UK, up six per cent on the same month in 2000. Private sector starts for the month rose to 7,407, while there were 851 UK housing association applications, over double the amount on 2001.
New build completions for both the public and private sectors totalled 10,973 in December 2001, a 13 per cent decrease on the same month last year (12,666).
Additional information from NHBC reveals that an average of 523 new homes were sold each day during December 2001, an increase of nine per cent on the same month last year.
However, Imtiaz Farookhi, chief executive of NHBC, warned: “Despite a big increase in housing market sales in 2001 and the largest growth in house prices for over a decade, house builders started one per cent fewer new homes. This situation may ease if the Government’s proposal for radical reform of the planning system is adopted. However, it will be some time before they have any impact on house building levels.” (CL)
A total of 8,258 applications were made by the private sector and housing associations to start new homes in the UK, up six per cent on the same month in 2000. Private sector starts for the month rose to 7,407, while there were 851 UK housing association applications, over double the amount on 2001.
New build completions for both the public and private sectors totalled 10,973 in December 2001, a 13 per cent decrease on the same month last year (12,666).
Additional information from NHBC reveals that an average of 523 new homes were sold each day during December 2001, an increase of nine per cent on the same month last year.
However, Imtiaz Farookhi, chief executive of NHBC, warned: “Despite a big increase in housing market sales in 2001 and the largest growth in house prices for over a decade, house builders started one per cent fewer new homes. This situation may ease if the Government’s proposal for radical reform of the planning system is adopted. However, it will be some time before they have any impact on house building levels.” (CL)
Related Northern Ireland Business News Stories
Click here for the latest headlines.
01 October 2001
UK house prices soar by 2.8 per cent
UK house prices rose 2.8 per cent in September, the highest monthly increase in eight years, according to a report by the building society Nationwide. The figures revealed in the report reveal that the price of the average UK home was 15 per cent higher last month than in September 2000.
UK house prices soar by 2.8 per cent
UK house prices rose 2.8 per cent in September, the highest monthly increase in eight years, according to a report by the building society Nationwide. The figures revealed in the report reveal that the price of the average UK home was 15 per cent higher last month than in September 2000.
30 September 2003
FMB Seeks Top Apprentices
Are your apprentices worth their weight in gold? Do they deserve special recognition? Do you run a building firm that prides itself on training new recruits? If so, then the Federation of Master Builders (FMB) wants to hear from you.
FMB Seeks Top Apprentices
Are your apprentices worth their weight in gold? Do they deserve special recognition? Do you run a building firm that prides itself on training new recruits? If so, then the Federation of Master Builders (FMB) wants to hear from you.
09 August 2001
Galen reports turnover up, but profits down
Pharmaceuticals company Galen Holding’s latest interim figures reveal a £25.3 million rise in turnover for the quarter to the end of June. This translates into a 118 per cent increase on turnover in the same period last year, in part due to a strong performance resulting from a deal with US-based Warner Chilcott in September 2000.
Galen reports turnover up, but profits down
Pharmaceuticals company Galen Holding’s latest interim figures reveal a £25.3 million rise in turnover for the quarter to the end of June. This translates into a 118 per cent increase on turnover in the same period last year, in part due to a strong performance resulting from a deal with US-based Warner Chilcott in September 2000.
11 April 2002
UK new investment projects fall
The latest Ernst & Young European Investment Monitor survey has revealed that the number of new investment projects into Europe in 2001 fell by 12 per cent on 2000 figures. Countries that performed poorly in 2001 included the UK with a 34 per cent decline from 575 projects to 377.
UK new investment projects fall
The latest Ernst & Young European Investment Monitor survey has revealed that the number of new investment projects into Europe in 2001 fell by 12 per cent on 2000 figures. Countries that performed poorly in 2001 included the UK with a 34 per cent decline from 575 projects to 377.
26 March 2002
Number of days lost to industrial disputes on the increase
In Ireland the number of working days lost due to industrial disputes has risen sharply since 2001. Over 114,000 working days were lost in 2001. This represented almost a 20 per cent increase from 2000 in the time lost due to industrial action.
Number of days lost to industrial disputes on the increase
In Ireland the number of working days lost due to industrial disputes has risen sharply since 2001. Over 114,000 working days were lost in 2001. This represented almost a 20 per cent increase from 2000 in the time lost due to industrial action.
-
Northern Ireland WeatherToday:Gale, coastal severe gale, northwest winds ease from late afternoon. Scattered showers will fall as snow over the hills at first, becoming isolated from mid-afternoon. Maximum temperature 7 °C.Tonight:Showers, scattered in the evening, will clear by midnight leaving the night dry with clear spells. Cloud will spread east towards morning. Minimum temperature 2 °C.
