AUDIO NEWS: New orders for private house building increases in Q4 and electrician heads to back to school
Posted: Tuesday, February 18th, 2025
New orders for private house building jumped by 24% in the last three months of the year, as developers green light previously stalled projects. The government figures also showed a 15% increase in commercial property orders, compared to the previous year. However, new infrastructure work fell dampening overall market performance. Construction output increased by just 0.4% in 2024. Clive Docwra, managing director of property and construction consultancy McBains, told The Construction Enquirer that falling interest rates and planning reforms will “hopefully inject new momentum into the house building sector”. --- The construction sector has one of the longest payment cycles among UK industries, with firms getting paid on an average in 33 days. Joe Phelan, from Money.co.uk which compiled the research said while late payment was an inevitable part of running a business, there were ways to “mitigate the impact.” --- A former electrician is coming off the tools and heading to the classroom. Dave Love, who ran his own electrical firm for over 10 years, has been appointed as assistant director of apprenticeships at the Warrington & Vale Royal College. Love told his local paper that his industry experience “put him in the best position” to pass on key skills and knowledge” to the next generation. --- To listen to the construction news please click below.
Trending Stories
-
Essex electrician has roundabout signs rejected
A sparkie’s bid to sponsor signs on two roundabouts has been refused by planning chiefs who described them as “clutter”
-
Barbie caused a ‘worldwide’ shortage of pink paint
Barbie needed so much fluorescent pink paint that it caused a worldwide supply shortage for an entire company
-
Builders find body of man murdered in the 1960s and buried in back garden
A woman who bought a South London house was left horrified after builders discovered the body of a man murdered in the 1960s and buried in her garden 14 months after she moved in
-
'Government insulation scheme ruined my home'
A home-owner said his flat has been ruined by black mould caused by a government "green" insulation schem
-
Builder celebrates lottery win by buying his coworkers bacon butties
A builder from Milford Haven who won big on the lottery celebrated his victory by treating all his workmates to a round of bacon rolls
Comments
Add a comment