UK Construction Excellence September

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Glenigan: <strong>Construction</strong> activity set to continue expanding Glenigan is predicting a one per cent rise in the underlying value of new project starts for the remainder of 2017, with a two per cent increase to follow in 2018, as part of its most recent midyear forecast. It’s encouraging stuff, though public sector prospects remain a little harder to define. According to Glenigan, capital expenditure has risen since the EU referendum, with more public spending anticipated given the unexpected outcome of June’s General Election. What does this mean? In the immediate future, investment is likely to gravitate towards such hot-button issues as the beleaguered NHS front-line or social housing provision post-Grenfell Tower, meaning less money for long-term infrastructure initiatives. A Glenigan spokesperson said: “Political uncertainty and doubts over the Brexit negotiations will inevitably take their toll on the industry’s prospects for the coming two years. But while slower economic growth is likely to impact on new project starts, particularly in the private sector, the good news is that overall activity across the industry is set to continue expanding.” Elsewhere, the value of new work project starts in the health sector looks set to rise by 23% this year. And, despite continued pressure, education starts are expected to rebound sharply during 2018. Private sector housing, in the guise of ‘Build to Rent’, has also gathered pace. In 2016, project starts amounted to an impressive £750M and involved more than 5500 units – a threefold increase on 2015 – with further growth forecast for 2017. There was welcome news for the nation’s housebuilders as well. In July, Persimmon Homes announced a robust sales period through May and June, and the market was largely unfazed by the surprise snap Election. First-half completions were up eight per cent on the same period last year, rising to 7,794 in total. Glenigan also revealed that the supply of available development slots has greatly improved over the past three years, most notably in London and the south of England. All of which indicates a brighter outlook for construction nationwide, irrespective of any economic uncertainties. Green Investment Bank sale completed New owner Macquarie has committed to the Green Investment Bank (GIB)’s target of leading £3Bn of investment in green energy projects over next three years. The Climate Change and Industry Minister, Claire Perry, confirmed that the sale of the Green Investment Bank to Macquarie Group Limited has now been completed. The £2.3Bn deal ensures that all the taxpayer funding invested in GIB since its creation, including set-up costs, has been returned with a gain of approximately £186M. As well as fully meeting the Government’s objectives, the deal secures the future of the GIB with an ambitious new owner committed to growing the business. The Edinburgh office will be home to a new revenue-generating business as well as providing services to the green energy portfolios of both Macquarie and GIB in the <strong>UK</strong>. The Government decided that moving the GIB into the private sector now would free it from the constraints of public sector ownership, allowing it to increase investment in green infrastructure as we transition to a green economy. GIB’s independent Board supported the Government’s decision to sell the business to Macquarie. In order to build on the company’s success within the private sector, Macquarie and GIB have announced that the company will now be known as the Green Investment Group (GIG) so that it will be able to make overseas investments. Climate Change and Industry Minister Claire Perry said: “We led the world in setting up the Green Investment Bank and it is now being copied by others. Now that it’s in the private sector, it will be able to operate on an international level to tackle the global challenge of climate change. It is also perfectly placed to help us finance green initiatives for our Clean Growth Plan and realise the commitments set out in the Paris Agreement.” The green ‘special share’ held by the Green Purposes Company Limited also comes into force now. Five independent trustees have the power to approve or reject any proposed changes to GIG’s green purposes in the future. The Government will continue to hold an interest in a portfolio of a small number of GIB’s existing green infrastructure investments. These assets will continue to be managed by GIB until they can be sold on in a way which returns best value for taxpayers’ money. 8
BEFORE AFTER Acrypol was formed in 1986. Acrypol + waterproof roof coating is instantly recognised as the market leader. Acrypol offer long term treatments to failed domestic, industrial & commercial roofs through products such as ULTRA BY ACRYPOL. This high quality coating can offer ten or twenty year guarantees, is VOC free and moisture tolerant. Customers consist of Builders & Roofing Merchants ,both local & national, Roofing contractors, surveyors & specifiers. Our work ranges from introducing the products to new customers to carrying out ”on site” roof surveys. Specifications & guarantees are available. Acrypol endeavour to ensure the customer gets the best possible service from the initial enquiry, site visits and surveys, through to ensuring that the applicators are instructed on best application methods and approving the job in order to issue the guarantee. All guarantees are site specific and would require a written specification in order to obtain a guarantee at the completion of the work. During application we ensure that correct coverage is adhered to and that weather conditions are favourable. Particularly with QUARTZDEK, the slip resistant walkway coating. Acrypol operate within the repair/ refurbishment market. We have to ensure that our specifications are accurate as poor roof surfaces can pose problems during application, especially when ponding water is present. However, our roof products are well capable of ensuring the building stays dry for the long term. Fire legislation has recently become an issue due to recent tragic events. We are currently ensuring that our range of products are compliant with this to ensure customer piece of mind. We are continually striving to keep ahead of the competition by looking at new and innovative products, keeping the market leading name of ACRYPOL at the forefront of the minds of the right people. Due to health & safety regulations cold applied coatings are becoming more & more popular. Technology is moving forward and we intend to be there to offer both quality products and quality service to our customers. T 01925 213655 E info@acrypolproducts.co.uk W www.acrypolproducts.co.uk A 4 Asher Court, Lyncastle Way, Barleycastle Lane, Appleton, Warrington WA4 4ST
Page 1 and 2: SEPTEMBER 2017 20 WHEN NOT TAKING 2
Page 3: WELCOME to the latest edition of UK
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Page 10 and 11: CITB revolutionises training to hel
Page 12 and 13: Balfour Beatty named preferred bidd
Page 14 and 15: MUSICAL CHAIRS - COST RECOVERY IN A
Page 16 and 17: Payment Notices and Successive Adju
Page 18 and 19: Place Branding with Substance: Why
Page 20 and 21: When not taking risks on people bec
Page 22 and 23: OFFICIAL MEDIA PARTNER The UK Infra
Page 24 and 25: Wising up to the skills shortage Th
Page 28 and 29: New guidance on reducing unintended
Page 30: FTA urges ministers to put logistic
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Page 35 and 36: some use of 3D CAD for concepts wor
Page 37 and 38: 3D Laser Scanning Services Trimble
Page 39: Network systems have become so comp
Page 43 and 44: Looking for choice in construction
Page 45 and 46: The Risks of Asbestos in a Fire Mos
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UK Construction Excellence September

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