Business & Industry
Infrastructure
By 2024, Construction Upswing In Europe Will Have Stalled
World Construction Today - Economic data compiled by the pan-European research organisation Euroconstruct indicates that the next two years will be challenging for the European construction industry, with growth projections falling from 2% to 0.2% in 2023 and from...
Building Products
Equipment Sales In The UK Experienced A Robust October
World Construction Today - Due to the spike in UK plant sales last month, revenues for the first 10 months of this year have nearly matched those of the previous year.
With 31,400 units sold thus far this year, numbers...
Infrastructure
Major UK Project Commencements Increase Sector Steadiness
World Construction Today - Glenigan's research shows that the construction industry has been relatively stable over the past three months thanks to a rise in the number of big projects that have begun.
According to the company's most recent construction...
Infrastructure
The UK Government Pushes A £3 Billion Building Safety Tax
World Construction Today - The UK government has issued a consultation on how to implement the contentious building safety levy, which is intended to earn £3 billion through a planning fee on private development.
The Department for Levelling Up, Housing,...
Building Products
Buildings And Construction Caused Historic Carbon Output
World Construction Today - According to a recent UN Environment Programme report, carbon emissions from buildings and construction reached an unfavourable new high in 2021.
Based on the paper, construction activities in most major economies returned to pre-pandemic levels in...
Infrastructure
Home Prices In China To Rise And Sales Will Slow In 2023
According to analysts surveyed by Reuters, China's property market will continue to be poor but will gradually improve in 2023. They anticipate additional stimulus measures and loosened COVID-19 rules to assist the industry the following year.
As per the 16...
Infrastructure
UK Housing Market At Risk of Slump As Recession Threatens
World Construction Today - The U.K. real estate market may be on the verge of a serious decline, according to some market observers, who predict a 30% drop in prices as a result of the largest reduction in demand...
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