Wednesday, 12 March 2014

Flooding Leads to Drop in New Build 'Social Housing' Starts

The recent flooding that afflicted large parts of the country has led to a 15% drop in the amount of 'social housing' new build starts. However, the latest Glenigan Index, which covers the value of projects starting on site from December 2013 to February, shows that construction growth as a whole continued to rise despite the disruption caused by the bad weather.  Construction in the UK was up 10% year-on-year in February, which Glenigan has credited to new infrastructure and private non-residential starts. Read more on 24dash.

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