Category Archives for "Latest News"

Contractors are signing up for COVID-19 compliance courses

Housebuilders such as Wates, Kier, Vistry and Bellway have signed up to a COVID-19 compliance course, and more are expected to follow.

The course has been launched by the construction recruitment firm O’Neill & Brennan, who will provide coronavirus training for construction workers. 

The course is certified on the Register of Regulated Qualifications by Ofqual, and will provide contractors with the opportunity to have a fully qualified COVID-19 compliance marshal on site. 

This is designed to provide health and safety guidance on social distancing, how to sanitise sites, and how to spot coronavirus symptoms.

I would suggest this is an essential step forward to securing the continued safety on your building sites.

Whilst the teams will likely groan of yet more training to be had, this time, it’s a little bit different given the impact that COVID-19 has already had in the construction industry.

Furloughed workforce ‘drops to less than a quarter’

According to research from Build UK this week , the proportion of construction workers furloughed has fallen below 25 per cent.

It surveyed 25 of its members, which includes some of the country’s largest contractors, which revealed the number of workers having their wages paid by the government has fallen from 30 per cent four weeks ago to 22 per cent.

However data from the Office of National Statistics, which surveyed more SMEs, had a different outlook, with the proportion of staff furloughed in the two weeks ending 7 May at 45.6 per cent.

This was pretty much unchanged compared to the previous two-week period ending 19 April when it stood at 45.7 per cent.

The ONS surveyed more than 1,100 construction companies. to get this data.

How about you, are you back at work yet ?

Construction activity in Europe expands at faster pace

The eurozone has experienced its fastest expansion in construction activity expansion for a year, supported by increases in worker numbers and purchasing.

“The eurozone construction sector delivered mixed results in February as faster activity growth was accompanied by signs of a slowdown in demand,” said Eliot Kerr, economist at IHS Markit, which compiles the survey. “Despite activity rising at the quickest rate for a year, new business growth decelerated to the slowest in the current five-month sequence of expansion. Such a reading indicates softening underlying demand and can act as a prelude to slower activity growth. That said, firms were confident enough to continue taking on additional staff and buying extra materials, and forecasts for future activity remained strong.”

The rate of job creation accelerated to the quickest for almost a year. Across the euro area’s three largest economies, employment growth was quickest in Germany.

The end for red diesel?

Various national media, including the BBC and the Financial Times, have reported that new chancellor Rishi Sunak will scrap the red diesel rebate in his budget statement next week.

This will mean users of diesel powered construction machinery paying an extra 47 pence on every litre of diesel consumed.

Red diesel the same as regular diesel but has a dye in it to indicate that it is largely tax exempt. The rebate for gas oil has existed in one form or another since the inception of fuel duty in 1928. This was because fuel duty was intended to be a tax on motoring.

Red diesel use today makes up approximately 15% of total diesel use.

Scrapping the rebate will generate an additional £2.4bn a year for Treasury coffers at the expense of farmers, construction companies, crane hire companies and the like.  

Builders for sale in Enfield, London

We’re looking for builders for sale in Enfield, London.

If you have a building / construction firm that you’re looking to sell, whether it’s profitable or not, let us know as we may be interested in buying it. We’ve been looking for builders for sale in Enfield, London for a while now and are constantly on the lookout for businesses owners of building firms who may be looking to sell.

Having the conversation costs nothing, so just complete our Strategy Form.

After our recent acquisition of builders for sale in Enfield, London we’re after out next new purchase.

What happens when we buy a builders for sale in Enfield?

When we buy a business in Enfield, London, what we’re looking to do is retain the staff, add additional resources to the business such as marketing and accounting and help grow the business as part of the overall JLAW group.

So if you’re wanting to sell your builders or construction business in Enfield, London, or you know someone else who has a builders for sale in Enfield, London then let us know.

Our recent purchase of a construction firm in London

One of our latest acquisitions was Ambro Wilks in Enfield

builders for sale in Enfield

And another was Longshaw Construction in Essex

Building firms for sale in London

Sometimes, if you’re not sure, it’s about having that conversation to see what the opportunity is.

You don’t have to agree to anything, you just have to find out if it’s right for you, and the only way to do that is to speak to one of our professional and friendly team.

Should I use a Business Broker in Enfield ?

We’ve worked with brokers before, and as with any industry, there are some good and some bad.

The one thread we’ve seen with all brokers however is that they can often set unrealistic expectations on what the business is worth, and so it sticks on the market for the next 3 years because it’s overpriced.  Of course they may do that in order to win the instruction, but then they don’t get the client the money they often need.

We can agree a sale in as little as 14 days !

Yep, we move quick, with an agreement in as little as 14 days, and a completion in as little as 6 weeks.  Imagine cash in your pocket just 6 weeks from now.

But it only starts if you fill in our Strategy Form.


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