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Review of 2014
It was the best of times, it was the worst of times. It was the year when workloads returned. There were more jobs, lots of them. As order books grew full to the point of more and more contractors were turning down work, particularly in the burgeoning London and South-east market.
Willmott Dixon’s chief exec discusses a good year for his firm in the housing and PRS sectors, and highlights the new challenges brought about by a rising market.
Kier’s CEO discusses the progress his firm made last year - and believes that the recovery will bring change to the industry in 2015.
The CEO of demolition specialist Keltbray sees increasing work coming from the regions outside London as his firm moves into 2015 after a record year.
For politicians, 2014 was the year when the impulse to pick up a hard hat was overwhelming. Construction sites were in fashion, and housing and major infrastructure were its biggest trends.
Housing drove wider economic growth in 2014, with housebuilders posting positive results - but the country still did not build enough affordable homes. How did the industry try to tackle the puzzle of building those much-needed houses?
M&A activity took off in 2014 and the scale of deals and proposals reached a level unprecedented in recent years as the biggest contractors and consultants targeted market dominance through mega mergers.
The landmark art deco building in the city centre is being rescued from decay.
Analysis: Health Spending
Traditional NHS capital spending on new buildings may have fallen but health service reforms and financial pressures are creating different opportunities for contractors in the sector.
At the end of 2013, the industry appeared to have turned a corner – recovery from austerity was well under way and forecasters were increasingly optimistic about the sector – but 2014 looks to have exceeded even the most ambitious economic expectations.
There have been many defining themes and moments during 2014 - an exhilarating time for some, a rollercoaster for even more.
This month the Treasury issued the fourth iteration of the National Infrastructure Plan.
It’s no secret that the skills landscape is facing some very big changes, particularly in the electrotechnical sector.
Recently I was talking to a civil engineering contractor in the North-west.
A few years after the Docklands Light Railway – the metro line that serves east London - launched, I took my daughters on board to explore the mysterious backwaters to which it offered access.
Now that the red box is closed and the buzz has died down, what should we make of last week’s Autumn Statement?
The governments £15bn Roads Investment Strategy for the next six years and formation of Highways England, are two great steps forward.
The announcements made last week around infrastructure in the UK – both in the National Infrastructure Plan and the Autumn Statement – all seemed positive at first glance, with promises of project deliveries and investment from the government.
With George Osborne’s announcement of £2.3bn for capital investment in flood management measures in the six years from 2015, many will think this good news.
At the end of a week full of predictions and possible reforms, we now have a clear view of how the government intends to stimulate and steer the housing market.
November saw the graduation of the first group of trainees from the pilot pre-employment training scheme, facilitated by the Nine Elms Vauxhall Partnership’s Joint Co-ordination Unit.
The past few years have seen the housing industry go on quite a journey.
Growth for the industry in 2014 has also brought growth to the salaries of those working within it. Which professions have benefited most? Will the trend continue into 2015
In most cases, the consequences of fires on construction sites could be mitigated with an appropriate fire alarm system.