Partner Article
Yorkshire matches North East and Scotland contribution to UK construction
Figures released today show that Yorkshire contributed 8% of the total construction in February of this year.
This is on a par with the North East and Scotland, and ahead of the East of England (7%), the East Midlands (5%), the South West (7%) and Wales (2%)
Ahead of Yorkshire was the North West (8%) South East (13%) and London (19%)
Residential construction was far ahead of the competition nationwide at 35% of total projects.
According to Barbour ABI data on all contract activity, February witnessed a fall in construction levels with the value of new contracts awarded at £4.8 billion, based on a three month rolling average.
This is a decrease of 13.5% from January but a 15.3% increase on the value recorded in February 2013, an indication of a signiï¬ÂÂcant upturn in construction activity in the UK in the past year.
The number of construction projects within the UK in February was down 19.2% on last month, but this is 12% higher than February 2013.
The majority of the contracts awarded in February by value were in London, which accounted for 19% of the UK total.
Two major commercial projects in the City of London, the International Press Centre redevelopment and the ï¬ÂÂt out of the UBS ofï¬ÂÂce on Broadgate are the main reasons for this.
The South East was the next most prominent region with the construction of a data centre in Slough the major reason for this.
The North West also recorded high levels of activity in February 2014 with a waste treatment project in Knowsley and a major residential project in Leigh awarded this month.
This was posted in Bdaily's Members' News section by Clare Burnett .
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