UK construction industry ends six-month slump with growth surge

The UK’s economic growth has slowed dramatically, with GDP increasing by just 0.1%. This situation has placed a spotlight on key industries identified in the government’s Invest 2035 strategy, which aims to revitalise the economy over

The UK construction industry experienced continued growth in October, driven primarily by increased activity in civil engineering and energy infrastructure projects. According to the S&P Global Construction PMI, the sector remained above the critical 50.0 growth

In response to the severe housing crisis, the UK government has committed to constructing 1.5 million new homes by 2029. The Housing Forum’s report, “Roadmap to 1.5 Million Homes,” offers a detailed strategy to achieve this

The UK is grappling with a shortage of skilled tradespeople, a challenge underscored in Checkatrade’s Annual UK Trade Skills Index 2024. This shortage has become one of the most urgent issues in the sector, as the

The UK is currently experiencing a significant shortfall in skilled tradespeople, which poses a serious threat to national objectives on housing development and achieving net-zero emissions. A recent report by Checkatrade highlights an urgent need for

Hercules Site Services, a company listed on AIM and focused on technology-driven labour supply for the UK infrastructure sector, is poised for another successful year. After a recent fundraising round, the company now has the financial

Hercules Site Services, a specialist recruitment company, has announced that its results for the year have surpassed expectations, marking the end of what has been described as another record year. Based in Gloucestershire, the company reported

The UK construction industry plays a vital role in the economy, employing almost one in ten workers across the country. Although recent years have seen a decline in construction activity, the market is expected to rebound

New research has highlighted the extent of the skills shortage in the construction industry, with 83% of businesses reporting a significant impact due to a lack of skilled workers. A report by Search Consultancy, a multi-discipline

Hercules Site Services plc recently raised £8 million through the sale of new shares. The funds were secured from two prominent entrepreneurs alongside institutional investors. The company plans to use this capital infusion to bolster its

Cotswold-based labour supply firm Hercules Site Services, headquartered in South Cerney, has successfully raised approximately £8 million through a combination of share placements and a strategic subscription. The company issued 16,197,213 new ordinary shares at 49.50p