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.
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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. To maximise the support available, the Chancellor is extending the CBILS so that al
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.
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. Chancellor Rishi Sunak announced yesterday that a taxable grant will be paid to the self-employed or partnerships if they have
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. In recent days, First Minister Nicola Sturgeon advised that const
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. Springfield Properties has announced the closure of all sites, sales offices, kit factory and offices
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.
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.
Ahead of the Chancellor’s first Budget on Wednesday, the Federation of Master Builders (FMB) is calling on the UK Government to cut VAT on home repair and renovation works to boost economic growth nationwide and help level up across the country.
New immigration plans unveiled by the UK Government today will hamper the construction industry’s capacity to deliver on key projects, the Federation of Master Builders (FMB) has warned.
Output in the UK construction sector grew by 2.5% in 2019, compared to 0% growth in 2018, according to the Office for National Statistics (ONS).
New research from the Federation of Master Builders (FMB) to mark National Apprenticeship Week has revealed that tradespeople can earn more than £50,000 a year.
UK construction firms have reported a boost from receding political uncertainty with business optimism rebounded to its highest since April 2018.
Workloads for small building companies in Scotland fell in the final quarter of 2019 with the political uncertainty in the period up to the General Election having a marked effect, according to the Federation of Master Builders Scotland (FMB Scotland).
Recommendations for a new single skills-based immigration system have been welcomed by the Construction Industry Training Board (CITB) but condemned by the Royal Institute of British Architects (RIBA).