Market Analysis
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CPA forecasts a 14% rise in construction output in 2021 on the back of vaccine rollout
CPA forecasts a 14% rise in construction output in 2021 on the back of vaccine rollout
CPA forecasts a 14% rise in construction output in 2021 on the back of vaccine rollout, ONS: 93% of construction firms not experiencing import challenges – a stark contrast to UK manufacturing firms, IHS Markit: construction activity dipped for the first time in seven months in January 2021 as output fell and new order growth subsided, public Accounts Committee highlights risk that tax payers won’t get value for money on £600bn infrastructure pipeline, Sadiq Khan adopts a much-altered London Plan four years after starting work on it, Construction material prices continue to rise due to higher raw material costs and an ongoing supply/ demand imbalance
By Michael Urie
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Brexit: Changes for UK Construction
Brexit: Changes for UK Construction
To the relief of many working in the UK construction sector, the UK signed an historic Trade and Cooperation Agreement (TCA) with the EU on 30th December 2020. The TCA ensures tariff-free trade between the UK and European trading block, but construction will have to come to terms with a host of new rules and regulations that will impact the procurement and delivery of projects.
By Michael Urie
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Targeted Property Investment: We Have the Framework...Let’s Use It!
Targeted Property Investment: We Have the Framework...Let’s Use It!
In this short article, G&T’s Construction & Property Tax Advisory team ask the UK government to start incentivising business to help drive positive growth and good sustainability credentials.
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Market Update - October 2020
Market Update - October 2020
G&T’s Market Update for October 2020 provides an overview of the London construction market. In light of the disruption caused by the coronavirus (COVID-19) pandemic and its impacts on the construction industry, the report highlights changes to key macro-economic indicators over the reporting period, as well as significant construction-specific metrics such as the UK Purchasing Managers’ Index, construction output, commercial and residential new orders, key material costs, trade package inflation and tender price trends and forecasts.
By Michael Urie
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Market Update - June 2020
Market Update - June 2020
Our June Market Update includes insights from our latest contractor survey, which found that productivity levels on site in England and Wales are generally averaging around at 70-90% of pre-COVID levels.
By Michael Urie
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Market Update - February 2020
Market Update - February 2020
G&T’s Market Update (February 2020) provides an overview of the UK construction market
By Michael Urie
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Getting Britain Building
Getting Britain Building
Whilst the effects of COVID-19 had a significant impact on the new Chancellor’s first post Brexit Budget, a common theme remained the levelling up of the UK economy. Here we review some of the more important tax and spending plans that will affect the construction and property sectors.
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Budget 2018 - Construction and Property Highlights
Budget 2018 - Construction and Property Highlights
As the 2018 growth forecast is upgraded from 1.3% to 1.6%, a number of the proposed measures in the Budget 2018 will impact the construction and property sector.
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Brexit Watch - Construction Labour
Brexit Watch - Construction Labour
With Brexit just under a year away, we look at how it will affect the UK labour market and what impact it will have on the construction sector.
By Richard Francis
