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Construction activity falls for the first time this year as inflation fears impact new work
Stacy Eden

11 June 2021

Construction output fell by 2 per cent in April 2021 over March, with reductions in both new work (2.9 per cent) and repair & maintenance (0.6 per cent). Latest numbers from the Office for National Statistics (ONS) show that the level of construction output in April 2021 was just under £14bn (a fall of close to £300m from March 2021) and was the first monthly drop since December 2020.

Lee Van Lockwood

Partner

Lee provides restructuring and insolvency advice to a range of businesses and stakeholders. He takes a straightforward approach to, often challenging, situations and remains focused on securing the best outcome for all parties.

ONS House Price Index signifies strong growth in March but price rises continue to defy logic
Stacy Eden

21 May 2021

Commenting on the Office for National Statistics’ house price index for March 2021, Stacy Eden, Co-National Head of Real Estate and Construction at RSM, said: ‘House prices continue to defy logic, increasing by 10 per cent in the year to March 2021 and almost 2 per cent in the last month, despite the UK economy shrinking by 9 per cent. This decoupling of house prices and economic growth which we have seen over the years shows the effect of the basic demand exceeding supply rule.'

Construction output records highest monthly growth since September 2020
Kelly Boorman

12 May 2021

Construction output grew by 5.8 per cent in March 2021 over February, with strong growth in both new work (6.7 per cent) and repair & maintenance (4.4 per cent). Latest numbers from the Office for National Statistics (ONS) show that the level of construction output in March 2021 was £14,251m – the highest since September 2019 when it was £14,381m.

Consultation outlines new taxes for residential property developers

11 May 2021

Residential property developers have been targeted with a new tax on their profits, aimed at bringing an end to unsafe cladding on residential developments in the wake of the Grenfell Tower disaster. At a time when the government is aiming to build more homes, will this reduce the number of investors in the sector?

Chris Lewis

Director

Chris is an experienced restructuring advisor and licensed Insolvency Practitioner, assisting companies, directors, lenders and other stakeholders through financial challenges.

Building the Future
Kelly Boorman

07 May 2021

The construction sector is central to our post-lockdown economic recovery. Challenges such as uncertain pipelines, supply chain disruption and a changing workforce must be overcome for the sector to grow. Are you ready to Build the Future?

How will IR35 affect the real estate and construction sector from 6 April 2021?
Howard Freedman

07 May 2021

The IR35 reforms from 6 April 2021 will have a significant impact on the real estate and construction sector. What should businesses be doing to prepare for the upcoming changes?

Grant Morrison

Partner

Grant is an audit partner based in our Aberdeen office. He has over 20 years experience and has worked in the UK, Europe and the Middle East.

Stacy Eden

Partner, Co-Head of Real Estate and Construction

Stacy is Co-Head of Real Estate and Construction at RSM. He is an experienced audit partner and advises a wide variety of real estate clients in the private and public sector.

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