Brick deliveries slump as material inflation rises

Brick deliveries fell by 16 per cent in June compared with a year before amid a continued slowdown in construction work. Newly released figures from the Department for Business, Innovation, Science and Trade (DBIST) show 126 million bricks were delivered in the month, compared with… The post Brick deliveries slump as material inflation rises appeared first on Construction News.

Persimmon sharpens axe on costs as inflation threat grows

Builder targets procurement savings as inflation clouds outlook

Construction’s warning lights are blinking. Most firms aren’t looking at the dashboard.

Climbing interest rates and high inflation have resulted in slowing demand despite the data center boom, writes a construction accountant. 

Taylor Wimpey launches £41.9m share buyback as net cash falls

The move follows a 19.4% fall in adjusted half-year profits, as weaker pricing, lower profitability and build cost inflation reduced its operating margins. The post Taylor Wimpey launches £41.9m share buyback as net cash falls appeared first on Property Week.

Burnham urged to help construction supply chain costs

CPA warning over impact of inflation on government plans

BCIS - Are you using the right index? Managing inflationary risk on construction projects 12062023

As we continue to face increasing cost pressures on our construction projects, there’s never been a better time to remember the importance of managing inflationary risk within our projects and programmes. In this webinar BCIS explore the importance of selecting the right index when updating project costs. They highlight the different types of indices available, what they cover and how to manage inflation with our golden rules.

BCIS - Construction Inflation: is delivery a problem? 03072023

With 69% of British civil engineering firms reporting difficulties with finding skilled operatives, it’s perhaps no surprise that HS2 is now facing a labour shortage. As labour looks set to become the next cost driver, we ask the question: Construction inflation: is delivery a problem? The BCIS webinar team will provide valuable expertise and insights throughout the session. Attendees will also have the opportunity to submit questions.

Metroun - How to Adjust for Inflation on Construction Projects 07602023

In the last year, we’ve seen record high inflation with the UK reaching a peak of 14.2%. Its taken a huge toll on the price we pay for goods and services. The construction industry is no different. But how do we factor inflation into the cost of construction and what measures can we include within contracts to ensure inflation doesn’t have an adverse effect on the programme of a contractor? Watch this brief video from Metroun

Construction Management - Why insolvencies will not slow down any time soon, May 2023

Despite avoiding a recession in 2022, the construction sector must brace itself for the likelihood of rising insolvencies, writes Pablo Cristi Worm

RICS - APAC - A New Cycle for CRE? (Corporate Real Estate) 23052023

How is the Commercial Real Estate market shaping up in the face of the evolving economic environment? We present the results of the latest RICS Global Commercial Property Monitor and discuss with leading participants in the sector their insights on the opportunities for the rest of the year as well as the potential risks to the property market.

Everyone has been talking about how to manage cost inflation but looking ahead, might insolvencies become the latest top risk to your business?

How is inflation being dealt with in Compensation Events on NEC contracts? Has anyone experience of this so far?

What should contractors and clients be doing now to plan ahead for an onslaught of price escalation?