Financial & Legal
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Construction technology leaders are rethinking data control. Revizto research says 96% of construction CIOs are concerned about data ownership, while AI adoption remains constrained by regulation, skills, integrations, and weak data foundations.
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Construction buyers are facing renewed cost pressure. The S&P Global UK Construction PMI showed input cost inflation rising sharply in April, as weaker activity, shipping disruption, fuel surcharges, and fragile demand added pressure across the sector.
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Infrastructure demand is reshaping Balfour Beatty’s forward pipeline. The group says UK energy, transport, and defence activity is supporting growth, with 15 transmission schemes in design and most expected to move into construction within 18 months.
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Booking.com for Business analysis indicates trade and construction roles account for 10.1% of UK business travel demand, placing the sector among those exposed to flight disruption.
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Scotland’s build-to-rent market could restart after new regulations exempt qualifying schemes from rent control measures.
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A Technology and Construction Court judgment has clarified how Building Liability Orders can extend building safety liabilities across associated companies.
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The Home Builders Federation says taxes, regulation, policy costs, labour, and materials inflation have added £76,000 to the cost of building a new home since 2020.
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The Building Safety Regulator’s latest Gateway 2 data indicates that higher-risk residential approvals are beginning to move after months of delay across the sector.
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Gleeson Homes has identified legacy infrastructure issues on completed Yorkshire developments, with remedial provisions expected to reach between £5.2m and £7.1m.
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Mineral Products Association figures show construction materials demand falling again in Q1, with London ready-mixed concrete volumes nearly half their 2022 level.