United Kingdom Development Corporation’s Post

🚧 Good news for the UK construction industry! (fingers crossed) 🤞   Glenigan forecasts 8% growth in 2025 and 10% in 2026, driven by private housing recovery, rising public investment, and stronger economic confidence. Key growth areas include offices, private housing, and social housing, supported by strategic fiscal changes in the recent Budget.   The future is looking better for construction with £74.3bn in project starts expected in 2025 and £81.9bn in 2026! 🙌   Source: https://lnkd.in/en4wvuPg   #ConstructionGrowth #UKConstruction #PositiveOutlook #HousingRecovery

Construction Starts Up 8% This Year 🏗️ Great news for the construction sector! Work starting on site in the last three months has shown a significant 8% increase compared to the same period last year. This growth is largely driven by a substantial rise in major project starts—up 42% from 2023. While underlying project-starts saw a small dip of 11%, the overall trend remains positive, reflecting a resilient industry moving forward. Residential construction is showing strength, contributing to a 2% rise in underlying starts. Allan Wilén, economic director at Glenigan, noted this progress is a "cautiously optimistic" sign of recovery. As new planning reforms begin to unfold, there's a promising outlook for further growth. Let's discuss: How do you see the future of construction in the UK? Comment below! #Construction #BuildingServices #UK

🚧 Construction Starts Outperform Last Year! 📈 Great news from Glenigan's August 2024 Construction Review! The industry is showing signs of a strong rebound with an 8% increase in work starting on site compared to the same period last year. This uptick reflects growing confidence and recovery within the sector, highlighting promising times ahead for construction professionals. The boost primarily stems from a 42% surge in major project-starts, indicating a renewed focus on large-scale developments. Residential construction is also doing well, driven by a 25% jump in private housing starts. Although there's still room for growth compared to pre-pandemic levels, the trend is encouraging. From Yorkshire and the Humber to Scotland, regional performance has been generally impressive too! While some areas still lag behind their performance from a year ago, double-digit growth is evident in regions like Wales (10%) and Northern Ireland (39%). These gains suggest strong momentum as we move towards the latter part of the year. What's been your experience so far this year? Are you noticing the same positive trends in your region? Drop a comment below; I'd love to hear your thoughts! #Construction #IndustryRecovery #ResidentialConstruction

🚧 Construction Starts Outperform Last Year! 📈 Great news from Glenigan's August 2024 Construction Review! The industry is showing signs of a strong rebound with an 8% increase in work starting on site compared to the same period last year. This uptick reflects growing confidence and recovery within the sector, highlighting promising times ahead for construction professionals. The boost primarily stems from a 42% surge in major project-starts, indicating a renewed focus on large-scale developments. Residential construction is also doing well, driven by a 25% jump in private housing starts. Although there's still room for growth compared to pre-pandemic levels, the trend is encouraging. From Yorkshire and the Humber to Scotland, regional performance has been generally impressive too! While some areas still lag behind their performance from a year ago, double-digit growth is evident in regions like Wales (10%) and Northern Ireland (39%). These gains suggest strong momentum as we move towards the latter part of the year. What's been your experience so far this year? Are you noticing the same positive trends in your region? Drop a comment below; I'd love to hear your thoughts! #Construction #IndustryRecovery #ResidentialConstruction

Construction Starts Up 8% This Year 🏗️ Great news for the construction sector! Work starting on site in the last three months has shown a significant 8% increase compared to the same period last year. This growth is largely driven by a substantial rise in major project starts—up 42% from 2023. While underlying project-starts saw a small dip of 11%, the overall trend remains positive, reflecting a resilient industry moving forward. Residential construction is showing strength, contributing to a 2% rise in underlying starts. Allan Wilén, economic director at Glenigan, noted this progress is a "cautiously optimistic" sign of recovery. As new planning reforms begin to unfold, there's a promising outlook for further growth. Let's discuss: How do you see the future of construction in the UK? Comment below! #Construction #BuildingServices #UK

Exciting News for the UK Construction Industry! Last week, I met with one of the UK's top residential developers. They mentioned that funding is becoming more accessible and they plan to accelerate their projects. The recent decline in interest rates has sparked excitement about the potential shift in opportunities that may emerge in the coming months. Have you noticed a positive change? 😊 #Construction #UKEconomy #InterestRates #Investment #HousingMarket #Infrastructure #EconomicGrowth

🚧 Construction Starts Outperform Last Year! 📈 Great news from Glenigan's August 2024 Construction Review! The industry is showing signs of a strong rebound with an 8% increase in work starting on site compared to the same period last year. This uptick reflects growing confidence and recovery within the sector, highlighting promising times ahead for construction professionals. The boost primarily stems from a 42% surge in major project-starts, indicating a renewed focus on large-scale developments. Residential construction is also doing well, driven by a 25% jump in private housing starts. Although there's still room for growth compared to pre-pandemic levels, the trend is encouraging. From Yorkshire and the Humber to Scotland, regional performance has been generally impressive too! While some areas still lag behind their performance from a year ago, double-digit growth is evident in regions like Wales (10%) and Northern Ireland (39%). These gains suggest strong momentum as we move towards the latter part of the year. What's been your experience so far this year? Are you noticing the same positive trends in your region? Drop a comment below; I'd love to hear your thoughts! #Construction #IndustryRecovery #ResidentialConstruction

🚧 Construction Starts Outperform Last Year! 📈 Great news from Glenigan's August 2024 Construction Review! The industry is showing signs of a strong rebound with an 8% increase in work starting on site compared to the same period last year. This uptick reflects growing confidence and recovery within the sector, highlighting promising times ahead for construction professionals. The boost primarily stems from a 42% surge in major project-starts, indicating a renewed focus on large-scale developments. Residential construction is also doing well, driven by a 25% jump in private housing starts. Although there's still room for growth compared to pre-pandemic levels, the trend is encouraging. From Yorkshire and the Humber to Scotland, regional performance has been generally impressive too! While some areas still lag behind their performance from a year ago, double-digit growth is evident in regions like Wales (10%) and Northern Ireland (39%). These gains suggest strong momentum as we move towards the latter part of the year. What's been your experience so far this year? Are you noticing the same positive trends in your region? Drop a comment below; I'd love to hear your thoughts! #Construction #IndustryRecovery #ResidentialConstruction

🚧 Construction Starts Outperform Last Year! 📈 Great news from Glenigan's August 2024 Construction Review! The industry is showing signs of a strong rebound with an 8% increase in work starting on site compared to the same period last year. This uptick reflects growing confidence and recovery within the sector, highlighting promising times ahead for construction professionals. The boost primarily stems from a 42% surge in major project-starts, indicating a renewed focus on large-scale developments. Residential construction is also doing well, driven by a 25% jump in private housing starts. Although there's still room for growth compared to pre-pandemic levels, the trend is encouraging. From Yorkshire and the Humber to Scotland, regional performance has been generally impressive too! While some areas still lag behind their performance from a year ago, double-digit growth is evident in regions like Wales (10%) and Northern Ireland (39%). These gains suggest strong momentum as we move towards the latter part of the year. What's been your experience so far this year? Are you noticing the same positive trends in your region? Drop a comment below; I'd love to hear your thoughts! #Construction #IndustryRecovery #ResidentialConstruction

🚧 Construction Starts Outperform Last Year! 📈 Great news from Glenigan's August 2024 Construction Review! The industry is showing signs of a strong rebound with an 8% increase in work starting on site compared to the same period last year. This uptick reflects growing confidence and recovery within the sector, highlighting promising times ahead for construction professionals. The boost primarily stems from a 42% surge in major project-starts, indicating a renewed focus on large-scale developments. Residential construction is also doing well, driven by a 25% jump in private housing starts. Although there's still room for growth compared to pre-pandemic levels, the trend is encouraging. From Yorkshire and the Humber to Scotland, regional performance has been generally impressive too! While some areas still lag behind their performance from a year ago, double-digit growth is evident in regions like Wales (10%) and Northern Ireland (39%). These gains suggest strong momentum as we move towards the latter part of the year. What's been your experience so far this year? Are you noticing the same positive trends in your region? Drop a comment below; I'd love to hear your thoughts! #Construction #IndustryRecovery #ResidentialConstruction