Karl Horton, data services director at the Building Cost Information Service (BCIS), comments on the UK's Spring Statement and forecasts for the country's economic and fiscal outlook from the Office of Budget Resp
Dr David Crosthwaite, chief economist at the Building Cost Information Service (BCIS), says the UK should do more to encourage confidence and stimulate output in the construction sector.
According to the latest data from BCIS, tender prices increased by an estimated average of 0.7% between 3Q2025 and 4Q2025, which resulted in 2.5% annual growth in the BCIS All-in TPI.
With only a fortnight to the UK's Autumn Budget, recent output data are probably not what Chancellor Rachel Reeves wanted to see, says BCIS chief economist David Crosthwaite.
James Fiske, Executive Director of the Building Cost Information Service (BCIS) and chair of the pan-industry Built Environment Carbon Database steering group, says a new plan to put the United Kingdom back on track with net zero targets is welcome but regrettably overlooks immediate action o
Building maintenance costs are set to increase 15 per cent by the second quarter of 2030 according to the latest Building Cost Information Service 'All-in Maintenance Cost Indices' with cleaning costs expected to rise by 24 per cent over the same period fuelled by wage growth.
Tender prices increased by an estimated average of 0.7 per cent between 2Q2025 and 3Q2025, according to the latest data from the Building Cost Information Service.
Dr David Crosthwaite, chief economist at the Building Cost Information Service (BCIS), says Office for National Statistics (ONS) construction market data for the second quarter of 2025 casts doubt on whether the U
Dr David Crosthwaite, BCIS chief economist, takes aim at a recent analysis of the potential impact of the Planning and Infrastructure Bill from the UK Ministry of Housing, Communities and Local Government, and The Rt Hon Angela Rayner MP.
Chief BCIS economist Dr David Crosthwaite considers the Trump administration's new "reciprocal" tariffs regime and finds the UK may benefit from overseas firms looking to sidestep higher duties elsewhere.
Tender prices increased by an estimated average of half a percent between 4Q 2024 and 1Q 2025 according to the latest data from the Building Cost Information Service (BCIS).
Tender prices for civil engineering projects in the UK rose an average of 1 per cent in the final quarter of 2024 according to the recently convened BCIS Civil Engineering TPI Panel.
Maintenance costs are projected to rise 16 per cent by 2Q 2029 according to the latest data from the Building Cost Information Service (BCIS) All-in Maintenance Cost Indices.
Building costs will increase by 15 per cent over the next five years with tender prices rising 20 per cent over the same period according to the latest construction forecast data from the UK's Building Cost Information Service (BCIS).
David Crosthwaite, chief economist for the Building Cost Information Service, says the collapse of construction giant ISG is a harbinger for construction businesses across the United Kingdom.
Underinsurance is a persistent problem that leaves property owners vulnerable to significant losses, but harnessing data to automate reinstatement cost assessments could minimise the risk.