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10th July 2018 UK Housing Construction Massively Increases In May
Private housing repair and maintenance work increased 7.3 percent in May.
3rd July 2018 UK Construction Industry Continues Mini Rebound In Growth
IHS Markit Purchasing Managers Index PMI reports 3rd month in a row positive growth in June. June saw the UK construction sector have its fastest growth in seven months. New orders rose at fastest pace since May 2017.
Construction industry in UK also produced fastest increase in new jobs in a year.
5th March 2018 Construction Apprentices To Earn More Than University Graduates in UK
According to Federation of Master Builders FMB research construction apprentices in UK could go on to earn more than university graduates.
If money talks to you, think about average annual earnings in UK right now according to FMB
- Plumbers earn £48675
- Electricians earn £47265
- Bricklayers earn £42034
- Joiners earn £41413
- Painters and decorators earn £34587
University graduates leave uni with debts of around £50,000 but apprentices can earn while they learn on average around 17000 pounds per annum.
The construction industry has a massive skills gap right now and with a lack of infrastructure and homes the future looks positive for people working in construction industry in UK, in terms of career prospects.
23rd January 2018 Skills Shortage In UK Is Biggest Threat To Construction Industry
A shortage of construction workers in UK is biggest threat to small and medium-sized construction businesses. The Federation of Master Builders FMB has reported the construction skills shortage as the worst ever in UK.
Construction companies are particularly short of bricklayers and carpenters but plumbers plasterers and electricians are also in short supply. The lack of supply means that wages are rising for skilled construction workers in UK.
There is a lack of investment in training within the construction industry who have in the past relied on highly skilled low wage foreign workers particularly from eastern European countries to fill the skills gap. The high value of the euro following the Brexit vote in June 2016 means that many skilled construction workers are returning to their home country and leaving a skills void that the construction industry has not acted upon to fill for a sustainable business future.
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