Opinion – Page 412
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Comment
Late response in adjudication
The CaseWilliam Verry Ltd (“Verry”) engaged CJP Builders Ltd (“CJP”) under a subcontract to undertake brickwork, blockwork and stonework. The subcontract was based upon an order issued by Verry incorporating DOM/2 terms and conditions and other "Sub-Contract Documents". CJP submitted an interim application for payment. It was not paid and ...
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Comment
Prospects for commercial property market dive in third quarter
The latest consensus forecast from the Investment Property Forum paints a bleak picture of prospects in the commercial sector.This will add to worries that the downward dip in the private commercial construction output figures is increasingly likely to turn into a downward slide.The Forum said the figures for the third ...
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Comment
Construction output falls 0.5% - but the drop is probably worse than it looks
So the construction output figures post a fall of 0.5% in the second quarter and recession in construction now looks more of a forgone conclusion than a fear.The first point to note is that was not just the private housing sector that pulled the figures down.But more worrying to me ...
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Comment
Average house will be worth £30,000 less in three years time, say investors
Investors in housing futures are still putting their money on a peak to trough fall in house prices of more than 30%, despite the Government's attempts to buoy the market.The Tradition "Futures HPI", which takes it figures from the prevailing prices in the residential property derivatives market and pegs itself ...
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Comment
EEC contract: Get with the programme
With a continuing shortfall of project managers in the construction industry, making the ECC work at the Olympics will not be easy
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CommentJ is for jurisdiction
The A-Z of construction law: Our instant course in legal concepts continues by asking where a construction contract says legal proceedings should be held
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Comment
Big shoes to fill
China's jaw-dropping start to the Beijing Games raised the bar for Olympic opening ceremonies.
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CommentDivided we stand
I've never heard such a load of old rubbish as your story “Northerners should move south, says think tank” in my entire life.
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Comment
No need for back-up
I am surprised to see Paul Moore trying to revive the idea that every wind turbine needs a fossil fuel back-up to be kept running at full capacity (29 August, page 28) when research into intermittent generation by the UK Energy Research Council is easily accessible.
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Comment
Cover pricing and cover-ups
Building’s leader returns to the OFT enquiry (15 August, page 3). I’m sorry to have to return to the simple suggestion I made regarding cover pricing.
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CommentMissing our chance
The response on all sides of the housing industry was the same: it’s the mortgage market, stupid!
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CommentHansom Dancing away the storm
There may be trouble ahead, but while there’s music and moonlight and love and romance, let’s face the music and dance. Alternatively, we could just change our names
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CommentFortune cookies
As the Olympics move on from China, Richard Steer looks to the future and asks what legacy the Games will leave the People’s Republic – and what they will mean for London
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CommentBuilding buys a pint for … Parsons Brinckerhoff
Forget hard drinking, this group’s main concern is how to outdo last week’s Building Buys a Pint lot in the glamour stakes. Given that they were on a yacht and we are on a London street on a greyish evening, this seems a tricky task.
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Comment
Halifax house price time machine takes us back to the Spring of 2006
More gloom (or joy if you are a potential buyer) from the statisticians at HBOS as the Halifax house price index (not seasonally adjusted) shows a 12.7% annual fall from last August to now.That is getting pretty close to the full 14.7% peak to trough fall measured by Halifax in ...
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Comment
Phew - Thank you Evan Davis for restoring some sanity
I freely admit this is an indulgent blog and rather outside what I see as my scope, but I felt an obligation to make some points on the subject of the attacks on Alistair Darling and to record a thank you to Evan Davis of the BBC for saving me ...
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Comment
In five years' time we will wish we did more to save the industry
I am currently imagining the collective groans from those in the housing and house building industry as the details of the latest high publicity housing rescue plan were revealed today.Housing rescue plan III was much more widely trumpeted than the first two (see comments on Part I, Part II). This ...
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Comment
Industry retains optimism despite the gloomy forecasts
In the face of growing concern and gloom surrounding the construction industry, in particular the house building bit, construction folk in general seem to be keeping their spirits and appear on balance to be optimistic about future prospects.That, as I read it, is the key message from the latest survey ...