search.noResults

search.searching

dataCollection.invalidEmail
note.createNoteMessage

search.noResults

search.searching

orderForm.title

orderForm.productCode
orderForm.description
orderForm.quantity
orderForm.itemPrice
orderForm.price
orderForm.totalPrice
orderForm.deliveryDetails.billingAddress
orderForm.deliveryDetails.deliveryAddress
orderForm.noItems
10 INDUSTRY NEWS


increase of 2 per cent on 2017. Following this, infrastructure was reported to be the second largest sector for contract awards in 2018, with a 21 per cent share. This was a decrease of 9 per cent on 2017, however. In terms of construction performance


across the UK regions, London had the highest share of contracts awarded in 2018, with a 19.4 per cent share, down slightly from 20 per cent in 2017. The south east had the second highest


construction performance, with a 12.1 per cent share, followed by the north west, accounting for 11.8 per cent of contract awards, down 0.1 per cent and 0.2 per cent respectively on the previous year.


lifetime, which is estimated to be 20 years. Homes England has agreed the loan as


part of the £4.5bn Home Building Fund. The investment is intended to fund infra- structure such as roads and utilities. Speaking of Homes England’s role in


delivering the sites, Sir Edward Lister, chair of the agency, said: “Providing infra- structure upfront is key to unlocking significant housing growth, and Homes England’s investment in Kettering and Wellingborough will enable two major housing projects to be delivered after many years of delay.” Kit Malthouse, Minister of State for


Housing, also commented: “I am delighted to hear shovels are already in the ground as builders set about delivering 8,500 much-needed homes.”


Infrastructure fund launched for 8,500 homes across Northants


Contract values slide by 13.1 per cent year on year


The value of all construction contracts awarded in the UK was down 13.1 per cent in 2018 from the previous year, at £61.6bn. The share of residential contracts rose however, the sector leading the way with the highest proportion of contracts. According to Barbour ABI’s latest


edition of the Economic & Construction Market Review, the quantity of construc- tion contracts awarded also continued on a downwards trend, with 10,352 awarded during 2018, down 8.2 per cent on 2017, and 16.8 per cent from the 2014 peak of 12,440. The ‘planning pipeline’ of projects


reportedly remains positive, however. Infrastructure performed particularly well, with a 113 per cent increase on 2017. The residential sector had the highest


proportion of contract awards by value in 2018, with a 37 per cent share, which is an


WWW.HBDONLINE.CO.UK


Work has begun on two developments of a combined 8,500 new homes in Northamptonshire, enabled in part by a £70m loan from Homes England. The two new residential schemes in


Kettering and Wellingborough, located within an hour of London and Birmingham, will reportedly help to create around 3,000 jobs, and well as bring schools, leisure and commercial space to the area. The schemes’ combined value is


projected to be around £2.5bn over their


Grey appointed to top risk role at Homes England


Homes England has appointed a new chief risk officer, as part of its plans for a “strategic and assertive” approach to building new homes.


Mark Gray has joined the agency from British Business Bank, where he has served as chief risk officer since 2013. He will be accountable for the effective management of financial risk, as well as the implementation and maintenance of the risk management framework across existing and future programmes. Homes England chief executive,


Nick Walkley, commented on the appointment: “I’m delighted to welcome Mark as he takes up this vital role within the organisation. He brings with him a wealth of experience of working with partners to help increase and unlock resources; a mission that very much chimes with that of Homes England. “As chief risk officer, Mark will have responsibility for protecting the business through financial risk management, which becomes increasingly important as we increase pace through our funding and delivery programmes.” Mark has previously worked in investment banking for Banque Nationale de Paris, Swiss Bank Corporation, Credit Suisse First Boston and Morgan Stanley, as well in financial services for Shawbrook Bank and General Motors Acceptance Corporation.


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60  |  Page 61  |  Page 62  |  Page 63  |  Page 64  |  Page 65  |  Page 66  |  Page 67  |  Page 68  |  Page 69  |  Page 70  |  Page 71  |  Page 72  |  Page 73  |  Page 74  |  Page 75  |  Page 76  |  Page 77  |  Page 78  |  Page 79  |  Page 80  |  Page 81  |  Page 82  |  Page 83  |  Page 84