Builders' Merchants News
6 September, 2010
Newsletter
Solar panel sales soar

LONDON: A record number of homeowners had solar panels installed last month according to energy regulator Ofgem.

Published:  01 September, 2010
House price fears over mortgage slump

LONDON: Mortgage lending fell to a four-month low in July, according to the Bank of England, fuelling fears that tight credit conditions may hamper future growth.

Published:  01 September, 2010
Lloyds on the impact of spending cuts

UK: Figures released this week reveal a drop in construction companies reporting expanding workloads, highlighting the uncertainty in the house building industry ahead of the government spending review in the autumn.

Published:  20 August, 2010

Public sector job cuts will hit house prices.

Public sector cuts will hit house prices

UK: The biggest falls in property values are expected in regions where the state is the largest local employer.

Published:  19 August, 2010
Housebuilder confidence dented by fragile recovery

LONDON: The underlying value of private housing construction projects starting on site fell in the three months to July after six months of sustained growth.

Published:  17 August, 2010
Construction output declines for third year in a row

UK: Total construction output in the UK in 2010 is forecast to be £89 900m at constant 2005 prices, according to a report from market analysts, Leading Edge.

This figure is 2.1% down (£2000m) on 2009 figures, making it be the third year in a row which has seen a fall in overall construction output.

Published:  12 August, 2010
House prices drop and retail sales growth slows

LONDON: House prices fell last month and retail sales growth slowed abruptly according to two surveys released today suggesting the UK recovery is faltering.

Published:  11 August, 2010
Spending cuts bite into construction

LONDON: Construction group Morgan Sindall has warned about the impact of sharp public sector spending cuts on the industry.

Published:  10 August, 2010
Construction decline to continue

LONDON: The construction industry will shrink in the second half of the year according to the latest Construction Trade Survey published yesterday.

Published:  10 August, 2010
245% increase in Scottish construction insolvencies

SCOTLAND: Scottish Building Federation chief executive Michael Levack has said the latest preliminary UK insolvency figures paints a worrying picture of the continuing impact of the economic downturn on Scotland’s construction sector.

Published:  10 August, 2010
Construction decline expected to continue throughout 2010

UK: Despite the recent favourable ONS figures, the construction industry is facing a further decline in output in the second half of 2010, according to the the latest Construction Trade Survey, published today.

Published:  09 August, 2010
Property development outlook turns negative

LONDON: The outlook for UK commercial development activity over the next three months turned negative for the first time since July 2009 according to Savills' Total Commercial Development Activity Index.

Published:  09 August, 2010
Construction bounce ends

LONDON: The threat of a double-dip recession intensified today with figures showing that growth in the service sector, which spans businesses from insurance to hotels and restaurants, fell more than expected to a 13-month low in July, according to the Markit/Cips UK services purchasing managers' index.

Published:  05 August, 2010
Housing back up

UK: British house prices recovered by 0.6% during July, reversing a drop in the previous month, the Halifax said.

Published:  04 August, 2010
Northern Irish recovery under threat

BELFAST: The construction sector and related industries in Northern Ireland are continuing to contract and the regions economy will grow by 0.8%, according to the latest economic research from Northern Bank.

Published:  04 August, 2010

Building Barometer delivers good news.

New building up by one-third

UK: June newbuild postcode registrations show strongest increase in over 18 months.

Published:  02 August, 2010
Irish housing glut

DUBLIN: House prices in Ireland fell 6.4% since the start of the year but building continues despite the slump and the glut of housing.

Published:  30 July, 2010
Retail sales outperform wholesale

LONDON: Sales on the high street increased in July compared with a year ago, and surpassed expectations, according to the latest CBI Distributive Trades Survey. Retailers expect sales growth to continue strongly next month.

Published:  29 July, 2010
House prices fall in July

LONDON: Further evidence emerged yesterday that the housing recovery is running out of steam with data from Hometrack showing prices dipped during July, the first decline in 15 months.

Published:  27 July, 2010

World Cup helps and halts DIY.

World Cup winners and losers

LONDON: Government statistics reveal the extent of retail sales triggered by the World Cup.  

Published:  23 July, 2010

Building the future.

Construction rebound drives growth

UK: Construction sector output jumped 6.6% – the biggest rise in activity since the 1960s – helping Britain's economy grow almost twice as fast as expected in the second quarter.

Published:  23 July, 2010
Construction emerging from recession says ONS

SLOUGH: Phil Westerman, head of construction at Grant Thornton UK said the Office of National Statistics reports contain positive news for the construction industry.

Published:  19 July, 2010
Construction output revised upwards

LONDON: New figures show construction output slightly up on previous figures.

Published:  16 July, 2010
More builders to face insolvency

MANCHESTER: The number of building companies in financial difficulties fell by 26% between the first quarter and the second quarter of 2010 but more builders are likely to fail, said a financial consultant.

Published:  16 July, 2010
UK recession deeper than realised

LONDON: New figures confirmed that the six successive quarters of negative growth from spring 2008 until autumn 2009 were the toughest for the economy since the Great Depression of the 1930s, harsher even than the slump of the early 1980s.

Published:  13 July, 2010
Pace of business failures slows

LONDON: The number of business failures eased but still exceeds pre-recession levels of early 2008 according to the Equifax Business Failures Report.

Published:  13 July, 2010
Optimism for Irish construction

DUBLIN: Irish construction shrank at the slowest pace in almost three years in June as the economy stabilized after the recession, according to Ulster Bank's monthly report released today.

Published:  12 July, 2010
Social housing building drops 40% as Budget cuts bite

UK: The value of social housing construction projects starting on-site in the second quarter was 40% lower than a year ago, according to the latest Glenigan Index.

Published:  12 July, 2010
Construction companies shares drop

EUROPE/US: Stocks fell after purchases of new US homes dropped to a record low. This has renewed concern that the economic recovery in EU states may falter without further government support.

Published:  09 July, 2010
Small businesses lending collapsed

LONDON: Smaller merchants struggling to raise business finance are not alone: Britain's banks lent just £900m to small businesses last year, bank statistics show.

Published:  09 July, 2010
Building sector undermined by fragile consumer confidence

UK: Yesterday, on a flat day for the stock market, shares in B&Q owner Kingfisher added 2.9p to 210.7p despite signs of a consumer spending slowdown. One of the biggest moves in the FTSE 250 Index came from BSS after it backed the cash and shares takeover offer from Travis Perkins.

Published:  06 July, 2010
Sales of building products up

LONDON: Sales of construction products rose "significantly" during the second quarter, according to the latest Construction Activity Barometer from Ernst and Young and the Construction Products Association.

Published:  05 July, 2010
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