News

There are 245 items on 49 pages.
9 Aug 2019

Construction Output Contracted in Q2

ONS data published today shows that construction output contracted 1.3% in the second quarter of 2019, reversing the 1.4% growth recorded in Q1 and contributing to a fall in UK GDP, along with the manufacturing sector.

By Matt McKeown

8 Aug 2019

Further Signs of Weakness in Construction

The construction industry continued to display signs of weakness in the second quarter of 2019, according to the results of a survey of the supply chain’s product manufacturers, contractors, civil engineers and SME builders by the Construction Products Association.

By Matt McKeown

8 Aug 2019

Joint industry call to delay reverse charge VAT changes

The CPA joined other major trade bodies in the construction industry in calling on The Chancellor of the Exchequer, Sajid Javid, to delay the implementation of reverse charge VAT by six months. The delay to the reverse charge until April 2020 will give the construction industry some breathing space following Brexit, allow HMRC the opportunity to fully assess the impact of the changes on the industry and ensure businesses are adequately prepared for the changes.

By Matt McKeown

29 Jul 2019

New Government’s Commitment to Infrastructure Delivery Will Be Vital to Construction Industry Fortunes

Output for Britain’s construction industry is expected to be less than previously forecast over the next three years given concerns around government’s ability to deliver on major infrastructure projects.

By Matt McKeown

25 Jul 2019

Construction Product Sales Point to Industry Weakness in Q2

The Construction Products Association’s State of Trade Survey for 2019 Q2 reveals that 6% of heavy side manufacturers, on balance, reported a fall in sales compared to Q1. Among light side manufacturers, a balance of only 9% reported that sales increased. Survey balances for annual growth in product sales were also markedly weaker for all manufacturers.

By Administrator

There are 245 items on 49 pages.