Construction

Monday 11th April 2022
Counting the cost of red diesel restrictions

While the Chancellor’s 5p per litre fuel duty cut on petrol and diesel was welcomed by the construction industry, it is undoubtedly overshadowed by the significant cost of red diesel usage restrictions that were introduced on 1 April 2022. The restrictions are being introduced to help meet the government’s climate change and air quality targets. […]

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Thursday 7th April 2022
Professional Indemnity: Planning ahead

Professions working in the construction industry continue to face increasing challenges when renewing their professional indemnity insurance (PI). Stricter conditions in the insurance market following the tragic Grenfell disaster and the pandemic resulted in the reduced availability of insurance cover and increased premiums. According to a recent Royal Institute of Architects (RIBA) member survey, 80% […]

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Wednesday 23rd February 2022
Annual construction figures show largest growth since 1997

Neon Mavromatis, Managing Director Construction, Kerry London provides a summary of the latest data from the Office of National Statistics (ONS) regarding monthly construction growth. The largest construction growth since 1997 The latest ONS data shows that total construction growth increased 12.7% in 2021 compared with 2020. This is the largest increase since annual records […]

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Friday 28th January 2022
January construction news update

New work creates the largest monthly construction growth since March 2021 Neon Mavromatis, Managing Director Construction, Kerry London provides a summary of the latest data from the Office of National Statistics (ONS) regarding monthly construction growth. The latest ONS data* shows that construction output increased by 3.5% in volume during November 2021, which is the […]

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Wednesday 5th January 2022
Construction market update

Neon Mavromatis, Managing Director Construction, reflects on the outlook for construction firms and their construction insurance needs heading into 2022. As data from The Office of National Statistics* shows, 2021 has been a turbulent year for the construction industry, with output falling 1.8% during October 2021. However, there are positive signs that the market has […]

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