News
Recovery loan scheme extended for two years
The Recovery Loan Scheme, which originally launched in April 2021 to help businesses recovering from the pandemic, has been extended to 2024. The maximum loan size remains at up to £2m, and the principle behind the extended scheme remains unchanged: the government...
July data indicated an overall rise in new orders for 26th consecutive month
The latest weekly update from CPA is available to members here. The updated issues are in Pages 1-6 of the weekly update whilst subsequent pages have existing data and information that remain relevant. This update includes: Bank of England Monetary Policy Report...
Use and limitations of drywall specifications and standard details
The Gypsum Products Development Association (GPDA) who represent the Gypsum based building materials industry have issued an update on the use and limitations of drywall specifications and standard details which can be accessed here.
How to avoid penalties for Making Tax Digital for VAT
Now that Making Tax Digital for VAT has started to bed in, we can expect to see HMRC starting to impose penalties for failures to comply with the detail of the legislation; so now is the time to make sure you have checked your process. More information on how to avoid...
New Hospital Programme industry day
The New Hospital Programme (NHP) is hosting an Industry Day on Tuesday 20 September to outline how businesses across the supply chain can play a role in the biggest hospital building programme in a generation. With a target to develop 48 hospitals by 2030, the NHP...
Build UK members maintain payment performance
The latest results published under the Duty to Report on Payment Practices and Performance show that Build UK members have maintained their payment performance over the last six months, despite the significant pressures caused by rising inflation. Contractor members...
CPA releases UK Economic and Construction Update
The latest weekly update from CPA is available to members here. The updated issues are in Pages 1-3 of the weekly update whilst subsequent pages have existing data and information that remain relevant. This update includes: Bank of England Mortgage Approvals (June...
FIS State of Trade Survey: Cautious optimism prevails for the next 12 months
The market has remained bouyant in Q2 2022 with 54% of respondents reporting growth – this is a similar number to reporting same in Q1 2022, but with the vast majority now seeing sales growth in excess of 5%. This is positive, but there has also been an upturn in the...
Strengthening your Recruitment in a time of Shortage
With the sector needing to recruit more than 5,000 new entrants each year to maintain output and keep up with the forecasted growth of the construction industry the need for employers and those joining the industry to understand the different routes of entry is more...