Value of contracts drop by over £1bn in August, Glenigan data says building.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from building.co.uk Daily Mail and Mail on Sunday newspapers.
Contract awards up in June, Glenigan data says building.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from building.co.uk Daily Mail and Mail on Sunday newspapers.
By Jordan Marshall2021-03-15T06:00:00+00:00
Following last week’s ONS output tonic, more good news as amount of awards up £2bn last month
Last week’s news that construction output had bounced back in January has been underlined by the latest data from information specialist Glenigan which said clients handed over £2bn more work in February.
On Friday, Office for National Statistics figures said output in the sector was up 0.9% compared to a 2.9% drop in December.
Multiplex’s deal to build 1 Leadenhall is worth around £250m
And Glenigan said the momentum has rolled over into February with nearly £6.4bn worth of work awarded last month, an increase of almost £2.2bn from January.