Official figures show fourth straight month of contraction in construction sector. Output declined by 0.9 per cent in July, compared with the previous month. Analysts were expecting the industry, which accounts for about 7 per cent of UK national income, to contract by 0.2 per cent.
Uncertainty over the UK-EU relationship has raised concerns that important funding from the European Investment Bank (EIB) could stall, Community Housing Cymru (CHC) has said. The EIB awards low cost, long-term loans for projects in various sectors.
Nearly half of Enterprise Ireland-supported construction firms have reduced their exposure to the UK in advance of Brexit, with some 70 per cent said to be eyeing up opportunities in mainland Europe, a new survey has found.
Output in the UK’s construction sector fell 1.3% in the three months to June, after a 1.1% rise in the first quarter, the Office for National Statistics (ONS) has revealed. The 3 month on 3 month decrease was driven by a 1.3% drop in new work and a 1.4% fall in repair and maintenance, the fourth consecutive...
Almost 330,000 UK firms were suffering “significant” distress. Begbies said it was the largest number in at least five years, having grown 25% in the past year. It pointed to particular trouble for property and construction companies, which it said was further evidence of a cooling housing market. Smaller businesses bore the brunt of the...
According to the latest Royal Institution of Chartered Surveyors’ (RICS) market survey, ‘anecdotal evidence from respondents suggests that uncertainty regarding Brexit is weighing on investment decisions, alongside the political turmoil generated from last month’s general election.’
The harsh conditions required for fusion are a challenge for even the most robust of materials. International partnership has always been crucial to overcome these challenges; the complexity of the science and engineering and the cost of building large test reactors make it difficult for one nation to go it alone.
The British Chambers of Commerce revealed interviewed 7,700 businesses across the U.K. and found both manufacturing and services indicated “static growth,” with fewer businesses expecting the price of their goods to increase and fewer attempting to recruit workers.