Markit/CIPS figures give positive picture

01 December, 2016

The Vinden Partnership has given an upbeat response to the latest Markit/CIPS UK Construction PMI showing business activity in October increasing at its fastest pace since March. Chris Duffill, director with The Vinden Partnership, points to the October figure being 52.6, up slightly from September’s 52.3 and above the threshold for growth of 50.

A key driver for growth was residential housing activity, with commercial activity being steady. Civil engineering saw a slight fall and was the weakest-performing sector.

There was a modest rise in new business.

Chris Duffill comments, ‘Given the continuing Brexit uncertainty, any sign of growth can be taken as a positive.

‘The industry has, despite the economic circumstances, coped well and proven very resilient. It’s good to see residential building perform well again, and I’m sure the Government will be relieved to hear this.’

HS2 Code of Practice is good news for JIB members

High Speed Two Limited (HS2 Ltd) has released its Employee and Industrial Relations (EIR) Code of Practice (the Code), which brings significant advantages to Joint Industry Board (JIB) member companies looking to work on one of the most demanding and exciting transport projects in Europe.

Industry leaders gather at CIBSE’s Measuring Performance and Facilities Management conference

CIBSE’s Measuring Performance and Facilities Management conference recently brought together leading voices from across the built environment to explore the evolving landscape of building performance and operational excellence.

Calendar

Submit event

Tweets by MBS_magazine