Despite growing economic scepticism residential construction remains strong
Barbour ABI's Economic & Construction Market Review for April has revealed a strong construction industry during the month, with £6.1bn worth of contracts awarded.
The total was led by a 26% jump in contract value from the residential sector to £2.1bn, up from £1.4bn in January. Some 67% of the value came from private housing.
The contract value for the infrastructure sector was also a major winner growing by 35% compared to April 2015.
A strong pipeline of renewable energy projects including two major wind farms played a large role in boosting the figures, as well as a £500m decommissioning project at the Sellafield nuclear plant.
Note: News bulletin content has been provided by a third-party and is not the opinion of Santander.
The new Apprenticeship Levy could help transport and logistics companies solve their recruitment problems and equip their workforces with…
Travelstar European Ltd, one of the West Midlands’ leading coach hire companies, has moved to larger premises in Portland Street, Walsall,…
The UK’s aerospace industry is the focus of our second quarterly bulletin in partnership with EEF, the manufacturer’s organisation. We take…