Tag Archives: Glenigan

Looking back to our November 2021 Forecast, it was clear that, while the UK construction sector was operating in a tough economic climate the green shoots of recovery were starting to appear.

Civil engineering is seeing promising signs of a bounce back from the pandemic with a sizeable increase in value of new contract awards, despite having an all-round poor conclusion to 2021.

The construction sector concluded 2021 weakly, with project starts in December plummeting to a low not seen since 2010, despite the ONS reporting that infrastructure had pushed construction output back to pre-pandemic levels.

The number of construction projects started at the back end of the year has dropped sharply, however a spike in contract awards indicates that the sector remains on track as it recovers from the Covid-19 hit.

The value and starts in civil engineering work in the UK has shown healthy increase in recent months, although the number of small projects (<£100M) are still in decline according to the latest market analysis from Glenigan.

Starts of new infrastructure projects in the UK have significantly declined, according to the latest Construction Index report from Glenigan. The rate of starts is down by nearly a half (48%) on the previous quarter, and is down 22% on the same period in 2020.

Rail industry experts have urged the government to hold its nerve when it comes to backing future rail infrastructure projects despite passenger numbers failing to recover to pre-covid levels.

The start of works at the £3bn Sofia Wind Farm was not enough to stem a fall in the value of civil engineering projects for the three months to the end of July, latest analysis by Glenigan has found.

Civil engineering project starts rose by over 50% in the second quarter of 2021 compared ot the previous year, new analysis from data firm Glenigan has found.  A total of £5.1bn of civil engineering work took place onsite in the quarter between April and June, up 58% on 2020 and…

Major infrastructure projects such as Tideway, HS2, Hinkley Point C (pictured) and Stonehenge Tunnel will steer the construction sector back to pre-Covid levels, according to Glenigan’s 2021-2023 Construction Industry Forecast.