News

Britain is building again, official figures reveal

The latest statistical figures released by Communities Secretary Eric Pickles suggest that the British construction industry is marching ahead in an attempt to cope with the very high demand for new housing and commercial buildings, a news report in the local media informs us. The statistics reveal starts on new homes in 2013 totalled 122,590, up by 23% on the previous year, while work on new homes in the last 3 months of 2013 was also up by 23% compared to the same period in 2012.
News

UK productivity drops to 20-year low

The output per hour worked in the UK fell 21 per cent bellow the average value for G7 economies, the lowest level since 1992, figures released by the Office for National Statistics would suggest. According to a news report on the matter, the productivity of UK workers is lowest when compared to that of their counterparts from the US, France and Germany. Nevertheless, British workers managed to produce 11 per cent more per hour than their Japanese counterparts.
News

Wage growth is directly related to UK worker’s productivity, research suggests

Employees will only get some visible, substantial pay rises should their productivity levels increase substantially, research published by the Chartered Institute of Personnel and Development (CIPD) suggests. According to a media report on the matter, ever since January 20089, weekly earnings (excluding bonuses) have fallen by 8% when pegged against the Consumer Price Index (CPI) as a measure of inflation, and by 10.2% if the Retail Price Index (RPI) was used.
News

Major boost in construction activity over Q4, 2013

The construction industry has recorded a very solid growth over the course of Q4, 2013, with companies of all sizes and operating across all areas, including building contractors, SMEs, specialist contractors, civil engineers and product manufacturers, reporting increased output, the latest Construction Trade Survey has revealed. As a news source in the business media reports, this is the first time in the past five years when three consecutive quarters of growth are recorded.
News

182,000 new jobs could be created in the construction sector over the next five years

As the demand for new homes soars across the UK, the future of the construction sector has never been brighter, with close to 182,000 new jobs set to be created in this segment, according to new research published by the CITB. Figures obtained from the organization’s latest Construction Skills Network (CSN) forecast would suggest that housing will account for over a third (37%) of the UK’s total annual construction output between now and 2018.
News

Mivan goes into administration, 100 workers lose their jobs

Mivan, one of the biggest names in the UK construction sector, revealed last Friday that it was going into administration, with 100 workers from across the company being made redundant. David Ford, MLA for South Antrim, commented on this sad news: "This is a further devastating blow for employees of Mivan. My thoughts are with those who have lost their jobs today. Alliance will be monitoring the situation to ensure the correct level of support is on offer for them."