More news – Page 2660
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News
Budget 2009: Building's reaction
Editor Denise Chevin sums up the industry's mixed reaction to the chancellor's speech
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News
Five bid for £500m revamp of Tottenham Court Road station
Balfour Beatty, Costain, Laing O'Rourke, Taylor Woodrow and a Skanska/Mace joint venture all in the running
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Budget earmarks £350m to boost energy efficiency in existing stock
Industry disappointed by allocation for refurbishment measures to reduce carbon emissions
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£1.2bn jobs and training boost for under-25s
Young people out of work for a year will be guaranteed a six-month placement
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Comment
NSCC survey of specialists highlights strategic industry problems
I was passed a draft copy of the latest state of trade survey undertaken by the specialist contractors' body NSCC. It covers the first quarter of this year and tells pretty much the story you'd expect - orders and inquiries down and firms working at lower and lower capacity.It is, ...
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Comment
Budget 2009: Draw your own conclusions, if you can
"I can't quite decide whether it was smoke or mirrors," said KBC Peel Hunt analyst Robin Hardy in summing up yesterday's Budget.Most observers said the Chancellor's economic growth forecasts were chipper to say the least and when asked to pick out the positives, there was generally an uneasy silence at ...
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Comment
Welcome to Building's expert economists
Welcome to Buildings new economic panel. We have assembled a panel of experts to help make sense of these fast moving and uncertain economic times. They will regularly comment on economic developments as they unfold and give an insight into what these might mean whether it's and event as big ...
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Comment
Budget 2009: initial thoughts
Budget day as ever was interesting and obviously, the devil is in the detail, especially when it is bad news. However, the Chancellor's speech and the Budget document provide us with some initial thoughts.The macro figures are as bad as expected and potentially worse; £175bn public borrowing in 2009/10 and ...
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Comment
Brace for public investment cuts
Three things stood out in yesterday's Budget: First, the shocking state of UK public finances, second, the Chancellor's gambling on a very rapid rebound of the economy to make his numbers add up and third, that the construction industry will almost desperately hope for private sector demand to return by ...
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Comment
What's in the budget for construction?
Snap analysis immediately after the event tends to be prone to knee-jerk reaction, but the thing that immediately springs to mind about this budget is the optimism regarding GDP growth in 2010 in 2011. While I wouldn't neccessarily argue with a 3.5% decline for this year, 1.25% growth for 2010 ...
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News
Budget 2009: Chancellor pledges £500m to restart frozen projects
But economy will contract by 3.5% and public borrowing will reach £175bn in 2009
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Scaffolding for a tight Budget
With cost cutting on everybody's mind on Budget day, here's a novel idea from Staffordshire – make your own scaffolding!
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Features
Cityscape: quietly confident in Abu Dhabi
The Gulf property event may be radically less gung ho than last time, but the mood is still upbeat
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Budget 2009: the industry responds
Industry figures offer their responses to Alistair Darling's budget
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Budget 2009: as it happened
Updates as they happened from Alistair Darling's Budget plus reaction and what it means for construction
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Banks stump up for £5bn M25 widening
Scheme's preferred bidder successfully secures entire funding without recourse to PFI rescue fund
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Engineers warn chancellor not to neglect infrastructure
ACE highlights long-term risks if the Budget fails to maintain investment in the built environment
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Wimbledon unveils Centre Court's sliding roof
Designed by HOK Sport and Capita Symonds the roof can be closed in ten minutes
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Goverment injects £300m into stalled college schemes
Extra money announced in today’s budget will mean small number of the 144 stalled schemes will restart
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House sales soar 40% in March
Government data shows 13% monthly rise even after adjustment for seasonal trends