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Building materials group seeks new deals in US and Europe and upgrades earnings forecast
The Norwegian firm’s treated softwoods emulate tropical hardwoods, but with fewer environmental downsides
Downturn in once-thriving residential construction industry poses challenge for EU’s largest economy
Recession fears mount as elevated interest rates take toll on economy, figures for October show
Latest workload index suggests sharp drop in construction activity following interest rate rises
Building merchant hit by market weakness and price deflation in its products
Residential index suffers biggest fall outside of the pandemic since 2009
The wider impact of the slowdown on employment is mitigated by an already depleted workforce
Also in this newsletter: why Russian oligarch Oleg Deripaska thinks the war in Ukraine should end
Failure to make and stick to plans means big projects cost far more than they should while hampering their benefits
England’s planning drought for housing projects merely stores up problems
Building unsubsidised housing pushes down rents and prices while freeing up cheaper properties
UK housebuilder’s forecast is latest sign of pain for sector from high mortgage rates
Proportion of construction groups reporting a lack of new orders surged to 44.2% in August
With demand for affordable homes far outstripping supply, a focus on this sector has led to a jump in shares
London-listed company to concentrate on division that partners with local government and housing associations
Dodgy materials and poor construction typify a desire to drive down public sector costs via opaque contracts
Because of ageing buildings, the school estate is in more need of work than the NHS
Experts warn the extent of the problem with Raac in commercial property is unknown
Housebuilder preserving cash by stopping buybacks and reducing land buying
High interest rates weigh on residential construction but commercial activity continues to expand, PMI survey finds
Soaring borrowing rates suppress demand for new mortgages and reduce house prices while construction costs jump
Rising rates, skills shortages and inflation have pushed developers into insolvency
After profit warning this week from Crest Nicholson, industry is fearful of a protracted downturn
Closely watched Ifo poll shows broad-based downturn in sentiment as statisticians confirm no growth in the second quarter
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