The UK Construction Purchasing Managers’ Index (PMI) for January has reported the sharpest rise in construction output since August 2007, with strong output growth recorded in all three sub-categories of construction, housing activity increasing at its sharpest pace for over 10 years and a strong rate of job creation being maintained.
The index, jointly maintained by market research experts Markit and the Chartered Institute of Purchasing and Supply, indicated that UK construction companies started the year with an acceleration of output growth at their units, boosted by sharp rises in incoming new work. Stronger demand resulted in a marked increase in employment numbers across the construction sector as well as improved confidence about the business outlook for the next 12 months.
Adjusted for seasonal factors, the PMI registered 64.6 in January, up from 62.1 in December and above the neutral 50.0 value for the ninth successive month.
On 1 October the Grosvenor House Hotel on Park Lane hosted one of the most notable award ceremonies of the year. Around 900 construction industry leaders gathered to celebrate the 2013 British Construction Industry Awards.
One of the country’s leading authorities on construction law will be speaking at an event chaired by a partner at Oxford law firm Blake Lapthorn later this month. The Hon Mr Justice Ramsey will speak at a joint meeting of the Society of Construction Law and the Thames Valley Branch of the Chartered Institute of Arbitrators.
In August, Natural England was awarded the Cabinet Office Customer Service Excellence Standard. The standard tests an organisation against 57 components, with a particular focus on delivery, timeliness, information, professionalism, staff attitudes and customer insight.