SITE WASTE
More than one-third (36 per cent) of waste generated at construction sites is not properly documented, according to technology firm Qflow. The finding was based on more than 90,000 legally required waste-transfer notes over five years to April this year. Qflow chief executive Brittany Harris said: “Our report reveals significant gaps in records around the disposal of waste in construction, but also that up to 13 per cent of construction materials go direct from production to landfill.”
RECESSION LOOMS
Construction output will fall this year before a slight recovery in 2024, the Construction Products Association predicts. Private-housing starts are expected to fare particularly badly in 2023.
UPS AND DOWNS
Winvic’s latest annual accounts show pre-tax profit plummeted by a third, despite a sizeable increase in turnover. And a forward-order book of more than £1.3bn was offset by a forecast dip in revenue to £950m for the next financial year.
OUTPUT DOWN
Construction output fell for the third month in a row in May, to £15.36bn, according to official data. In the year to date, only February saw a month-on-month increase in activity.
£545m
The value of a new mechanical and electrical framework from Pagabo. Most of the 47 companies involved are small or medium-sized businesses.
3
The number of large residential contracts – two in London and one in Edinburgh – signed so far this year by McAleer & Rushe.
7,900
The number of new seats for Manchester City’s Etihad Stadium, after expansion plans were approved in late July.
185
The quantity of new modular homes in Bristol to be dismantled by Legal & General, after problems were found with the site’s foundations.
ANNUAL DIP
Builders merchants’ sales were lower in May 2023 than the same month last year, according to the latest Builders Merchant Building Index figures – but they were still better than in April 2023.