The Office of National Statistics has reported that construction output fell sharply in April, the third month in a row it has done so. It’s likely that the heavy rain experienced in the last 16 weeks has been partly to blame, although new work also fell by 2.8%. Seven out …
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Imports of the main timber and panel products for the first two months of 2024 are fractionally ahead of the same period in 2023, up by 0.2% (3,000m3) following improvements in February after a disappointing January start. Overall, however, volumes remain subdued in line with weaker construction output and a generally …
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Trading at builders merchant group Travis Perkins remained challenging during the first quarter, thanks to macroeconomic uncertainty, leading group revenue down on a like-for-like basis by 3.7% in the three months to March 31 2024. The General Merchant business continues to gain market share, though sales across the Merchanting segment …
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The UK construction market was higher in July 2018 than in June, showing the fastest increase in residential work for just over two-and-a-half years. That’s according to the latest seasonally adjusted IHS Markit/CIPS UK Construction Purchasing Managers’ Index® (PMI®). New business was up, which increased employment levels and confidence, and, …
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