Stakeholder - The Vinden Partnership

Reaction to ONS construction industry output figures for November

Vinden partnership Reaction to ONS construction industry output figures for November

The Vinden Partnership says country can be confident it can thrive outside EU

November’s construction output figures from the Office of National Statistics saw a slight contraction on the previous month’s figures but a rise in new work gave ground for optimism.

November’s construction output fell 0.2% from October’s figures. A fall in activity within the non-housing repair and maintenance sectors, which fell both on the month and year, was the main reason behind the drop.

Examination of the three-month on three-month data showed a slight decrease of 0.1%.

Despite the slight contraction, new work increased in November – up 4.4% on the same period last year.

In a boost to the house building industry, November saw an increase of 1.2% in comparison with the October – the biggest increase for almost a year.

The increase in housebuilding was driven by a significant increase of 5.5% in public housing. When compared to the same period in 2015, public housing grew by 13.7%.

Peter Vinden, Managing Director of The Vinden Partnership – a leading multi-disciplinary consultant company to the built environment said: “Despite the slight contraction in construction output growth in the Office of National Statistics’ figures, closer examination paints a more positive picture in November.

“Clearly the housebuilding sector is as vital as ever and its strong performance is good news for the government’s commitment to building a million homes by 2020, construction firms and all the young people desperate to get onto the property ladder.

“The economic consequences if Britain dared to vote for a Brexit have not yet materialised. The country can be confident it can thrive outside of the European Union and the government needs to get on with the job of giving us the best possible platform for the future.”

  • UK Construction Online’s Stakeholder page offers you the chance to find and learn about the leading companies in the UK Construction Industry.

    Featuring the very best suppliers and operators in the sector our stakeholder’s pages offer detailed information about the company, their latest case studies and press releases, plus products and services and testimonials.

    We work with our stakeholders to constantly update and maintain this database to ensure that the information is relevant and helpful for those looking to source premium quality companies in the UK construction market.

    You can ‘View all Stakeholders’ or use the drop down menus to find specific stakeholders via their company name or by sector.

    Join the Fastest Growing Community for Construction

    UK Construction Online's Stakeholder package quickly connects your company to our vast audience of over 250,000 visitors a month.

    View our latest Alexa ranking:

    What is a Stakeholder?

    A stakeholder is a Mircosite that has the power to highlight a product or service, launch a promotion, or promote brand awareness to the construction industry in a way that full websites or more traditional marketing cannot.

    All stakeholders have the ability to have their latest press releases and case studies promoted across the UK Construction Online platform. UK Construction Online is updated daily, with the latest news across all sectors within the construction industry and all stakeholders are promoted on both social media and to a mailing list of over 122,000 subscribers.

    UK Construction Media
    0800 6127680