The value of projects starting on site has dropped by 40 per cent compared to 2022, while new planning applications have also slowed markedly, according to new data from Glenigan
Architects are bracing themselves for a recession, as new figures reveal the ‘increasingly grim’ outlook for construction
Project starts have slumped over the past three months amid the weakening economy and rising construction costs, according to industry analyst Glenigan
The underlying level of construction work starting on site has plummeted to its lowest level for almost two years, new data has revealed
Project starts have sharply decreased in the face of inflation, particularly affecting labour and material costs, according to construction data tracker Glenigan
Emerging data shows a rallying pipeline of projects – but housing continues to be held back by materials and skills shortages
The number of planning applications granted for commercial developments in England has dropped by 10 per cent in a year, according to the latest government figures
The value of residential construction work beginning on site has dropped by a tenth in a year, new research has revealed
Universities have spent more than £8.8 billion on capital projects over the past five years. But this key source of income for many architects could soon dry up, writes Richard Waite
The value of housing projects getting underway across the UK fell for a fourth successive month in December, according to research from a leading industry tracker
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