Finance News – Page 8
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NewsConstruction activity races along at fastest pace for nearly five years
But concerns remain about thinning order books
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NewsConstruction output to fall by a fifth this year, CPA warns
Commercial and private housing the worst affected sectors
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NewsHS2 to award £6bn of work in next two years
Minimum of 18 contracts up for grabs by December 2022
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NewsFunding black hole caused by covid sees several TfL jobs hit the buffers
Transport body says it is missing £5bn after passenger numbers nosedived in wake of lockdown
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NewsGovernment rules out VAT reduction on domestic work
Financial secretary says move would cost Treasury £6bn a year
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NewsGlyn Barker to chair Berkeley following death of Tony Pidgley
Glyn Barker to be non-exec chair for up to two years while search for permanent replacement undertaken
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NewsSpecialists hail move as HS2 set to use project bank accounts
Scheme trialled initiative on two enabling works packages
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NewsHope for Clugston's former employees with £500,000 in missing pay set to be returned
Unsecured creditors told they will recoup some money but administrator unable to say how much
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NewsConstruction firms claim £2.6bn of furlough payments
Industry also has most self-employment income support scheme claims
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NewsConstruction not expected to reach pre-covid levels until end of 2022, fresh data suggests
Office for Budget Responsibility had originally predicted recovery would take six months
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NewsConstruction begins recovery but output more than one third lower following covid crisis
Activity fell by a record amount in three months to May
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NewsIndustry’s main trade body attacks firms for squeezing supply chain during coronavirus crisis
Behaviour follows ‘you will be remembered’ warning from CLC chairman in spring
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NewsStrong rebound in construction output in June
Sites reopenings see workloads grow at fastest pace since July 2018
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NewsG&T axing nearly 70 staff as industry’s job cuts woe deepens
Consultant the third major firm in 24 hours to announce redundancy programme
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NewsPlanning decisions delayed as companies face difficulties getting hold of council staff
But tender opportunities increasing, Barbour data adds