The recovery in construction has lost momentum amid a slump in housebuilding which comes as companies have reported slow growth in new orders. The latest S&P Global construction purchasing managers’…

The post Construction sector slows appeared first on London Business News | Londonlovesbusiness.com.

Tradespeople in the UK were an average of £12k per year worse off in 2023 than the previous year. In 2023, average earnings were £68,474 – down 17% from £82,821…

The post UK’s tradespeople suffer £12,000 annual earnings drop appeared first on London Business News | Londonlovesbusiness.com.

Recruitment activity within the construction sector has bounced back, with vacancies and applications for permanent roles increasing at the start of 2024, following a downturn in the market last year…

The post Construction sector jobs increase as bounce back begins appeared first on London Business News | Londonlovesbusiness.com.

Electricians, plumbers, and carpenters are the construction roles with the biggest gap between male and female workers, new research has revealed. Following the news that female representation has reached a…

The post The industries with the biggest gender gap revealed  appeared first on London Business News | Londonlovesbusiness.com.

There are signs that the UK’s construction industry is picking up pace and for the first time in two years builders are feeling more optimistic. In the latest S&P Global/CIPS…

The post Construction industry is stabilising appeared first on London Business News | Londonlovesbusiness.com.

The rise in Tuesday’s construction PMI data is positive news and a sign that there is renewed optimism among construction companies. However, the PMI data remains below 50.0 as the…

The post The only way is up for construction sector appeared first on London Business News | Londonlovesbusiness.com.

Robert Jenrick has called on the Prime Minister to cut stamp duty to help “fix the housing crisis” which will provide a “boost” to housebuilding. Rishi Sunak told the Conservative…

The post Prime Minister urged to cut stamp duty to provide a ‘boost’ for housebuilding appeared first on London Business News | Londonlovesbusiness.com.

GMB members working in brick manufacturing will head to Parliament on Tuesday amid fears the sector, which supports more than 10,000 jobs could be on the brink of collapse. Dozens…

The post Fears the brick manufacturing sector could be on the ‘brink of collapse’ appeared first on London Business News | Londonlovesbusiness.com.

A strike involving thousands of construction workers at energy sites across the UK has been called off after they accepted a ‘whopping’ pay offer. More than 3,000 workers at Stanlow,…

The post Energy construction strike called off after workers scoop a ‘whopping’ pay deal appeared first on London Business News | Londonlovesbusiness.com.

Travis Perkins has cut jobs at the end of the year and further cuts could be on the cards as the builder’s merchant are cutting costs due to a slowdown…

The post Travis Perkins cut jobs due to a slowdown in construction appeared first on London Business News | Londonlovesbusiness.com.