Menu
16/08/2011
House Construction 'New Starts' Boosted
Social housing and health construction projects starting on site increased in the three months to July as an increase in refurbishment and extension work outweighed the drop in new build work which followed last year's Comprehensive Spending Review started to materialise.
Social housing project starts increased by 19%, the first increase in seven months, while health projects starts increased by 17%.
Three social housing refurbishment projects in London with a total value of £180 million accounted for a significant portion of the increase. Two of these projects were commissioned by Homes for Islington and the other is a 21,000 homes repair project for the London Borough for Tower Hamlets.
In the health sector, the South West, North West and London all saw increases in project starts in the three months to July. Most notably the South West enjoyed a 15% increase over the period and accounted for 20% of all new project starts across the country in the sector. The largest project to start was a £70 million hospital ward block for the United Bristol Healthcare Trust scheduled to take two years. The main contractor for this project is Laing O'Rourke. The company is also main contractor for a £20 million hospital extension in Blackpool. Care home project starts also featured strongly across the UK in the three months to July.
Overall, the underlying value of construction project starts across all sectors was 8% lower than a year ago as the rate of decline slowed. "The South West, West Midlands and South East all experienced growth in project starts in the three months to July, while the North East, East Midlands and Scotland experienced the largest declines," commented James Abraham, economist, Glenigan. In other sectors, private housing saw a 24% year on year decline in project starts, education a 23% decline and civil engineering a 7% decline.
(CD)
Social housing project starts increased by 19%, the first increase in seven months, while health projects starts increased by 17%.
Three social housing refurbishment projects in London with a total value of £180 million accounted for a significant portion of the increase. Two of these projects were commissioned by Homes for Islington and the other is a 21,000 homes repair project for the London Borough for Tower Hamlets.
In the health sector, the South West, North West and London all saw increases in project starts in the three months to July. Most notably the South West enjoyed a 15% increase over the period and accounted for 20% of all new project starts across the country in the sector. The largest project to start was a £70 million hospital ward block for the United Bristol Healthcare Trust scheduled to take two years. The main contractor for this project is Laing O'Rourke. The company is also main contractor for a £20 million hospital extension in Blackpool. Care home project starts also featured strongly across the UK in the three months to July.
Overall, the underlying value of construction project starts across all sectors was 8% lower than a year ago as the rate of decline slowed. "The South West, West Midlands and South East all experienced growth in project starts in the three months to July, while the North East, East Midlands and Scotland experienced the largest declines," commented James Abraham, economist, Glenigan. In other sectors, private housing saw a 24% year on year decline in project starts, education a 23% decline and civil engineering a 7% decline.
(CD)
Related UK National News Stories
Click here for the latest headlines.
20 September 2011
Construction Industry Returns To Growth
New data has shown that the construction industry has seen a 6% year on year increase in the underlying value of projects starting on site. Growth in utilities, industrial, office, private and social housing project starts all contributed to the first growth seen by the industry in a year.
Construction Industry Returns To Growth
New data has shown that the construction industry has seen a 6% year on year increase in the underlying value of projects starting on site. Growth in utilities, industrial, office, private and social housing project starts all contributed to the first growth seen by the industry in a year.
10 December 2012
Gold Heist Gang Jailed
Six members of a gang that ran a million pound gold and silver bullion heist in Belgium were jailed for more than 23 years today on Friday 8 December 2012.
Gold Heist Gang Jailed
Six members of a gang that ran a million pound gold and silver bullion heist in Belgium were jailed for more than 23 years today on Friday 8 December 2012.
14 June 2010
Public Sector Slow-down Hits Construction
The value of construction projects starting on site in the three months to May 2010 fell back to below 2006 levels as fewer public sector project started on site following the General Election. The Glenigan Index for May was 10 per cent up on a year ago, but lower than the Index for March and April this year.
Public Sector Slow-down Hits Construction
The value of construction projects starting on site in the three months to May 2010 fell back to below 2006 levels as fewer public sector project started on site following the General Election. The Glenigan Index for May was 10 per cent up on a year ago, but lower than the Index for March and April this year.
19 April 2010
Private Housing Construction Stalls
The value of residential construction projects starting on site during the three months to March 2010 was 37% higher than the same period a year ago according to the latest Glenigan Index. Project starts increased in the private and social housing sectors. "Many projects stalled by the bad weather in January and February have now started.
Private Housing Construction Stalls
The value of residential construction projects starting on site during the three months to March 2010 was 37% higher than the same period a year ago according to the latest Glenigan Index. Project starts increased in the private and social housing sectors. "Many projects stalled by the bad weather in January and February have now started.
14 February 2013
Miliband Says Labour Govt Would Re-Introduce 'Mansion Tax'
Ed Miliband has announced that a Labour government would aim to reinstate the 10p starting rate of tax. Scrapped by Gordon Brown in 2008 Mr Miliband said it was a "very bad mistake" to get rid of it and the move would send a "clear signal" his party was on the "side of working people".
Miliband Says Labour Govt Would Re-Introduce 'Mansion Tax'
Ed Miliband has announced that a Labour government would aim to reinstate the 10p starting rate of tax. Scrapped by Gordon Brown in 2008 Mr Miliband said it was a "very bad mistake" to get rid of it and the move would send a "clear signal" his party was on the "side of working people".
-
Northern Ireland WeatherToday:After a dry start this morning rain will spread from the northwest across all parts. This afternoon will be dull with some patchy rain and drizzle. Becoming much milder through the afternoon. Maximum temperature 11 °C.Tonight:A cloudy evening and night with a little light rain or drizzle, perhaps some clear periods developing along the east coast. A very mild night everywhere. Minimum temperature 10 °C.
