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NEWSBRIEF
00:00 15 Aug 2001
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SECOND QUARTER ORDERS FALL
Orders in the year to June 2001 rose by 2% compared to the previous year, but orders in the second quarter of 2001 fell by 12% compared to the same quarter a year earlier. According to figures from the Department of Trade & Industry, orders in the second quarter of 2001 fell by 16% compared to the previous quarter, with falls in all sectors except public housing and public non-housing.
WILLMOTT DIXON winS £9.5M OFFICE CONTRACT
Willmott Dixon has won a £9.5m contract from office space developer Akeler for a new office development in Bracknell, Berkshire. Known as One Thames Valley, the 7,990m2 scheme will also have 266 car parking spaces and will be finished to shell and core in February 2002. Aukett Europe is the scheme's architect, while structural engineering is provided by Sinclair Knight Merz.
DTIdwellings figures unchanged
The Department of Trade & Industry estimates that 16,900 dwellings were started in Great Britain in June 2001, compared with 17,800 in June 2000. Completions numbered 13,600 compared with 15,900 the previous year. In the latest three months, 48,000 dwellings were started, unchanged on the same three months a year ago, while total completions, at 38,900, were down 8%. Meanwhile the National House-Building Council's figures for July show new dwelling applications and completions were both up 15% year-on-year.
construction companies take 83 days to pay
Large construction companies are among the slowest payers in UK industry, according to a report published by Experian. In May this year it took large construction companies an average of 83 days to pay from receipt of invoice. Only the gas, vehicle and equipment rental and oil industries were worse taking 91, 85 and 84 days respectively to pay.
sales still down on last year
Construction product sales, although improved, remain below the levels of a year ago, according to the second quarter survey by the Construction Products Association (CPA). The survey also showed a moderate rise in domestic selling prices, but manufacturers' margins remain under pressure from rising import volumes. CPA members expect further modest growth during the third quarter.
stonehenge improvement 'too risky'
The Highways Agency has drawn up a shortlist for the £130m early design and build pathfinder improvement to the A303 at Stonehenge, Wiltshire. It is thought that several big-name contractors have decided to walk away from the contract, regarding it as a "risky investment" due to its environmental sensitivity. Six weeks of surveying is still required at the site after the foot and mouth epidemic stopped proceedings earlier this year.
on the move
Shepherd Engineering Services has appointed Tony Sidwell as company safety manager. Peter Hawley has been promoted to director, charged with expanding business in the Midlands, at building and civil engineering firm Greenford. Ballast's special projects division has appointed Trevor Curtis as project director with a brief to boost the group's presence in housing and corporate PFI. Oscar Faber has promoted Stuart Munro to regional director in its Edinburgh office. Brian George, non-executive chairman of Taylor Woodrow Construction, has taken the same position at Bryant Homes.
Orders in the year to June 2001 rose by 2% compared to the previous year, but orders in the second quarter of 2001 fell by 12% compared to the same quarter a year earlier. According to figures from the Department of Trade & Industry, orders in the second quarter of 2001 fell by 16% compared to the previous quarter, with falls in all sectors except public housing and public non-housing.
WILLMOTT DIXON winS £9.5M OFFICE CONTRACT
Willmott Dixon has won a £9.5m contract from office space developer Akeler for a new office development in Bracknell, Berkshire. Known as One Thames Valley, the 7,990m2 scheme will also have 266 car parking spaces and will be finished to shell and core in February 2002. Aukett Europe is the scheme's architect, while structural engineering is provided by Sinclair Knight Merz.
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DTIdwellings figures unchanged
The Department of Trade & Industry estimates that 16,900 dwellings were started in Great Britain in June 2001, compared with 17,800 in June 2000. Completions numbered 13,600 compared with 15,900 the previous year. In the latest three months, 48,000 dwellings were started, unchanged on the same three months a year ago, while total completions, at 38,900, were down 8%. Meanwhile the National House-Building Council's figures for July show new dwelling applications and completions were both up 15% year-on-year.
construction companies take 83 days to pay
Large construction companies are among the slowest payers in UK industry, according to a report published by Experian. In May this year it took large construction companies an average of 83 days to pay from receipt of invoice. Only the gas, vehicle and equipment rental and oil industries were worse taking 91, 85 and 84 days respectively to pay.
sales still down on last year
Construction product sales, although improved, remain below the levels of a year ago, according to the second quarter survey by the Construction Products Association (CPA). The survey also showed a moderate rise in domestic selling prices, but manufacturers' margins remain under pressure from rising import volumes. CPA members expect further modest growth during the third quarter.
stonehenge improvement 'too risky'
The Highways Agency has drawn up a shortlist for the £130m early design and build pathfinder improvement to the A303 at Stonehenge, Wiltshire. It is thought that several big-name contractors have decided to walk away from the contract, regarding it as a "risky investment" due to its environmental sensitivity. Six weeks of surveying is still required at the site after the foot and mouth epidemic stopped proceedings earlier this year.
on the move
Shepherd Engineering Services has appointed Tony Sidwell as company safety manager. Peter Hawley has been promoted to director, charged with expanding business in the Midlands, at building and civil engineering firm Greenford. Ballast's special projects division has appointed Trevor Curtis as project director with a brief to boost the group's presence in housing and corporate PFI. Oscar Faber has promoted Stuart Munro to regional director in its Edinburgh office. Brian George, non-executive chairman of Taylor Woodrow Construction, has taken the same position at Bryant Homes.
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