Know what you want? Try our 'Supplier Directory' 

London dominated construction market in August

New figures reveal that London accounted for a third of the total value of UK construction contracts in August, dominating across commercial and retail, residential and education sectors.

 

Barbour ABI, the chosen provider of the Government’s Construction and Infrastructure Pipeline, has published its latest Economic & Construction Market Review, which shows that the value of construction contracts in London totalled more than £1.6 billion in August, accounting for 30 per cent of the overall contracts awarded UK-wide.

 

In addition, the report shows that the capital accounted for more than half (54 per cent) of the total value of commercial & retail construction contracts awarded, as well as nearly a third (29 per cent) of residential and 27.2 per cent of education.

 

Michael Dall, lead economist at Barbour ABI, said: “London’s dominance across these key sectors is mainly due to big-ticket projects such as the £420 million commercial scheme at Fenchurch Street, The City North Development in Finsbury Park worth £130 million and a contract for the Imperial West site as part of Imperial College valued at £100 million.

 

“UK-wide, construction contracts totalled more than £5.3 billion in August, a 16.6 per cent increase on the value recorded in August 2013, an indication that this year has seen a comparatively stronger summer for the construction industry.”

 

 

22 September 2014

Comments

Already Registered?
Login
Not Yet Registered?
Register

HVR Awards 2025: The winners are revealed

With the HVR Awards 2025 officially over, we would like to extend a massive thank you to everyone that attended. Your continued support is what ensures we can put on the best event possible to celebrate the excellence within our industry....

  15-Oct-2025

Stainless Steel Indirect Cylinders – The Foundation Of Sustainable DHW

A plant room-based hybrid approach, which separates heat sources from the water storage, remains the most cost-effective, proven method for obtaining low-carbon water heating in commercial buildings. These systems deploy renewable or low-carbon ...

  15-Oct-2025

STOKVIS R600

CONDENSING ULTRA LOW NOx PREMIX COMMERCIAL BOILER
  10-Jan-2019
Heating & Ventilating Review is the number one magazine in the HVAR industry. Don’t miss out, subscribe today!
Subcribe to HVR

Diary

BESA Industry Awards