Prime Minister Boris Johnson has set out the UK Government’s intention to build its way out of the coronavirus economic downturn with a £5 billion capital investment plan but has once again delayed the publication of a revised National Infrastructure Strategy.
Published 30 June 2020
Construction apprenticeships are needed to turbocharge economic recovery, according to new research published by the Federation of Master Builders (FMB).
Published 23 June 2020
Output in the UK construction sector fell by 40.1% in April compared to the month before, according to Office for National Statistics (ONS) data.
Published 12 June 2020
The UK Government delayed the introduction of reverse charge VAT for another five months.
Published 5 June 2020
Construction activity suffered a substantial weakening in April as coronavirus-related restrictions increasingly hampered activity and construction sites were closed.
Published 6 May 2020
The UK Government has announced that small businesses will benefit from a new fast-track finance scheme providing loans with a 100% government-backed guarantee for lenders.
Published 28 April 2020
The UK construction industry suffered a sharp fall in output even before the coronavirus lockdown took hold of the sector, new data published today from the Office for National Statistics (ONS) has revealed.
Published 9 April 2020
Construction suffered its steepest drop in output for nearly 11 years in March as coronavirus-related restrictions increasingly hampered activity and construction sites were closed.
Published 6 April 2020
Chancellor Rishi Sunak has announced further action to support firms affected by the coronavirus crisis by bolstering business interruption loans for small businesses and announcing a new scheme for larger companies.
Published 3 April 2020
The Federation of Master Builders (FMB) is calling on the Chancellor to address the blockages in the Coronavirus Business Interruption Loan Scheme (CBILS), as small builders across the country are struggling to keep their businesses afloat.
Published 2 April 2020
Support measures for those who are self-employed and hit by the coronavirus outbreak have been roundly welcomed by the construction sector, albeit with a degree of caution.
Published 27 March 2020
The Scottish Government has issued more guidance on what construction work is considered to be ‘critical’ at the moment but a leading trade body has warned of a two-tiered system due to a disparity of advice across the UK.
Published 26 March 2020
The construction and housebuilding industry is struggling with mixed messages today regarding whether building sites should close or remain open following the latest restrictions on public movement.
Published 24 March 2020
A group of respected construction industry bodies has issued a joint call for a number of simple actions which it claims the Scottish Government could introduce immediately to help with cashflow and protect jobs against the “crippling” background of coronavirus.
Published 23 March 2020
Small and medium-sized construction building companies need urgent and immediate additional support from the government to prevent wide-scale insolvencies and job losses, the Federation of Master Builders (FMB) has warned.
Published 20 March 2020