Construction industry predictions for 2023
Construction industry forecasts for 2023 Tom Hall, Chief Economist at Barbour ABI predicts slower later stage planning and construction activity, particularly in the commercially sensitive sectors as the economy slows. Likewise, Glenigan’s construction industry predictions for 2023 show that project starts will fall by 2%. Read on for the 2023 construction industry predictions from data […]
Combining existing and new structures in a refurbishment project
Combining new structures with existing structural frames in a refurbishment project Wigan Life Centre is a public services hub that delivers a range of council services and leisure facilities. The main contract was awarded to Morgan Sindall, who in turn appointed Elland Steel to supply and install the structural package for both the north and […]
Industry Insights – January
New Records in 2022 The construction industry has proved it’s resilience over the last 12 months. Although sector activity was mixed, the industry overcame challenges and saw a record amount of contract awards and planning approvals. 2022 saw record levels – Barbour ABI’s view According to the Barbour ABI January Snap Analysis, the high […]
Our 2022 review and what’s in store for us in 2023
Reflecting on the year’s wins, challenges and recovery 2022 was a challenging year with industry-wide challenges that have tested the sector’s resilience. While Russia’s unprovoked invasion of Ukraine caused price rises and material shortages, contractors and clients have persevered, delivering projects to reinvigorate the economy. In spite of the challenges, 2022 was a year of […]
Industry Insights December
Every Region in England is suffering with declines in project-starts A deepening recession, continued construction materials inflation, and flat lining growth continue to hinder the industry, according to Glenigan. Unfortunately, with the Russia-Ukraine war and resulting materials, energy, and fuel price inflation, a return to pre-COVID activity levels will be delayed for some time. Every […]
Industry Insights November
November construction insights: Contract awards continue to defy expectations In this month’s industry insights, we review the latest construction data from Barbour ABI and Glenigan. October was a strong month for contract awards and the level of planning approvals remains stable for the third month. Although it has been a good month for contract awards, […]
Construction industry supply chain challenges and predictions
Will Rising Energy Prices Continue to Affect Material Costs in 2023? It has been a challenging year for the construction industry, following Brexit and the impact of global lockdowns. Materials and labour shortages have been synonymous with the construction industry. Plus, on top of this, the war in Ukraine has resulted in sanctions, restrictions and […]
Industry insights for October and Q3 review
The latest analysis from industry commentators shows both peaks and troughs in activity. In this month’s industry insights, we review the planning applications, approvals, contract awards and project-starts. According to the latest construction industry data and economists, there were more contract awards than expected in Q3. The data also shows that despite recent economic turmoil, […]
Refurb work and retaining structural elements
Refurb work Over recent years, there has been an increase in the amount of refurb work that avoids demolition. This is especially true for London, where there is a high demand for commercial space and a desire from investors to extend a lettable area of an existing structure. There are many reasons why refurb work […]
Overcoming challenges with a collaborative approach
Close collaboration helps to mitigate risks and find the best solutions to challenges. Good communication during the design stage is vital for sharing specialist knowledge, especially for tricky applications that require technical expertise. On both small applications and large complex projects, Elland Steel work with many industry specialists to find ways to overcome challenges and […]