Search Results for: construction

Commercial sector bucks downward UK construction trend

Construction figsConstruction business activity fell by the third month running in January, with new orders at slowest pace since October 2012 according to the latest Markit/CIPS UK Construction Purchasing Managers’ Index (PMI). There were some reports that snowfall had contributed to reduced output volumes, but the majority of respondents cited weak underlying client demand and a lack of new projects.  However commercial activity was the only sub-sector to buck the wider downward trend in output during January with the latest data indicating unchanged volumes of commercial activity, ending five months of contraction. More →

Gulf construction and fit-out continues to boom, claims report

Abu DhabiThe total value of building projects in Gulf Cooperation Council states will exceed $80 billion this year according to a new report from dmg::events* in conjunction with consultancy Ventures Middle East. The survey concludes that this year will see a near one fifth increase in the overall value of projects up from nearly $69 billion in 2012 to $81.6 billion in 2013. Meanwhile the interlinked market for interior contracting and fit-out in 2012 was valued by the report at $7.86bn – a 56 per centincrease on 2011. The UAE continues as the the region with the largest interiors spend ($2.83bn), followed by Saudi Arabia ($2.6bn) and Qatar ($1.49bn). More →

Changes to Construction and Design Regs delayed

Proposed changes to the Construction and Design Management Regulations (CDM) 2007 have been delayed. The draft changes will now only be presented to the Health and Safety Executive (HSE) Board for consideration in March 2013 at the very earliest. The CDM regulations, apply to all construction work in the UK, comprising construction, alteration, fitting-out, commissioning, renovation, repair, upkeep, redecoration or other maintenance, decommissioning, demolition or dismantling, underwent a review last year, with industry practice found to have a significant influence on how the regulations are implemented. More →

CPA: UK construction activity will fall in 2013

The UK’s Construction Products Association (CPA) has today reported that it expects overall construction activity in the UK to fall by around 2 per cent this year, with most of the decline attributed to a greater than 5 per cent drop in commercial projects. Particularly concerning is the fact that the Government’s austerity measures with regard to public sector investment have not been offset by an increase in private sector activity. However these figures still represent an improvement on the 9 per cent fall of 2011.  More →

UK construction set for growth, say surveyors

Following the recent news that the UK’s construction sector had suffered a significant fall in the final quarter of 2012, better news emerges from the Royal Institute of Chartered Surveyors with a report indicating that the UK construction market is expected to turn a corner this year as the government’s focus on infrastructure starts to generate returns. Chartered surveyors are predicting that output is set to increase in 2013 according to the latest RICS construction market survey. More →

UK construction hits new low as service sector shrinks

Graph Down ArrowThe three little words nobody wanted to hear at the start of 2013 are triple dip recession. Yet even as the US managed to avoid its own fiscal cliff at the turn of the year, two reports raised fresh fears that the UK’s recovery would be postponed for a while yet. According to the Markit/CIPS Purchasing Managers’ Index, UK construction hit a six-month low as the sector dropped from an index of 49.3 in November to 48.7 in December. This is well below the index of 50 which indicates a contraction in activity. Meanwhile another report from Markit/CIPS reported an unexpected fall in the UK’s service sector. More →

HSBC Headquarters in Canary Wharf to undergo major transformation

HSBC Headquarters in Canary Wharf to undergo major transformation

This morning, the Canary Wharf Group (CWG) announced plans to reimagine the iconic buildingIn a significant redevelopment move, 8 Canada Square, currently the headquarters of HSBC, is set to be transformed into a modern multi-use skyscraper once the bank vacates its Canary Wharf location in 2027. The global banking giant will relocate to the Square Mile as part of a company refresh, prompting an overhaul of its existing headquarters. This morning, the Canary Wharf Group (CWG) announced plans to reimagine the iconic building into a state-of-the-art space encompassing workspaces, leisure, entertainment, and educational facilities. The building is wholly owned by the Qatari sovereign wealth fund (QIA), with CWG serving as the development partner. More →

Crown estate announces details of latest London commercial property developments

Crown estate announces details of latest London commercial property developments

The Crown Estate has unveiled details of its pipeline of commercial property developments in London’s West End.The Crown Estate has unveiled details of its pipeline of commercial property developments in London’s West End. According to The Crown Estate, the first three projects, which have a Gross Development Value of over £430 million, will deliver 250,000 sq ft of office, leisure and retail space in the heart of the Capital, which it claims will help to stimulate the renewal of the West End, attract global investment and contribute to the wider success of London. More →

Ultrafabrics celebrates 25th anniversary with new and improved bio-based Volar Bio collection

Ultrafabrics celebrates 25th anniversary with new and improved bio-based Volar Bio collection

Ultrafabrics proudly commemorates its 25th anniversary of excellence in the industry with the reintroduction of its Volar Bio collection which now has a 66 percent mix of recycled, rapidly renewable and bio-based content – a remarkable achievement in sustainable innovation. More →

Herman Miller Fuld Nesting Chair receives “Red Dot: Best of the Best” award for product design

Herman Miller Fuld Nesting Chair receives “Red Dot: Best of the Best” award for product design

Herman Miller has announced that its Fuld Nesting Chair designed by Stefan Diez received the prestigious "Red Dot: Best of the Best" award for Product Design—the international design competition’s top distinction within the office chairs categoryHerman Miller has announced that its Fuld Nesting Chair designed by Stefan Diez received the prestigious “Red Dot: Best of the Best” award for Product Design—the international design competition’s top distinction within the office chairs category. The Red Dot jury is made up of 40 international experts who test, discuss, and evaluate each entry individually. Designs are scored based on four qualities of good design: function, seduction, ease of use, and responsibility. This award adds to Fuld’s first successful year of being available to commercial customers More →

Are these the top ten emerging technologies for 2024?

Are these the top ten emerging technologies for 2024?

The World Economic Forum has announced the publication of its annual Top 10 Emerging Technologies Report featuring technologies with the greatest potential to make a positive impact in the worldThe World Economic Forum has published its annual Top 10 Emerging Technologies Report featuring technologies with the greatest potential to make a positive impact in the world in the next three to five years. Among the technologies mentioned in the report are AI (obv), immersive building tech, intelligent materials and microbes that can sequester carbon.  More →

Britain is no longer a nation of shopkeepers, but it is divided by the work we do

Britain is no longer a nation of shopkeepers, but it is divided by the work we do

An analysis of workforce data suggests that the work people do in different parts of the UK varies enormously, especially compared to LondonFollowing last week’s news that the fastest growing job category in the US isn’t necessarily the one you’d expect, a new report from HR software provider Ciphr, based on ONS data, claims to identify which jobs are the most disproportionately common in each part of the UK. The report analyses the latest regional employee estimates for over 370 occupations to find out which work roles (with at least 5,000 full-time employees) appear to be more concentrated, or over-represented, in some places more than others. More →