News

Construction hit its fastest level of growth in six years, according to the latest survey of the building sector.

Profits surge at Persimmon

Persimmon cheered investors in the housing sector yesterday with news of a sharp acceleration in profits as its margins improved over the first half of the year.

GDP hopes dashed by statistic error

Hopes that the UK's flagging economic growth would be revised upwards were dashed today following a blunder by statisticians.

Property companies battle housing gloom

Property companies Taylor Wimpey and Rightmove both reported positive financial results yesterday, but warned of continuing sluggishness in the housing market.

Construction sector expands again

Britain's construction sector expanded again in July with improved confidence and new orders, though employment fell for the second successive month.

The Business On: Mike Farley, chief executive, Persimmon

Gosh, who would want to be a housebuilder just now?

More growth in construction sector

Britain's construction industry grew again in June, figures revealed today, though uncertainty over the economy sent confidence to its lowest level for six months.

Postgrad Lives: "The challenge of passing each year is very rewarding"

Interview by Steve McCormack

House building plunges again

There has been a sharp drop in the underlying value of private housing project starts in the first quarter of 2011. Glenigan, the construction data service, recorded a 61 per cent year-on-year fall in the underlying value of new starts in the three months to March.

Building industry 'far from recovery'

The chief executive of the house builder Persimmon has warned that the UK housing industry is still far from a full recovery – despite his company posting encouraging sales figures for the first part of 2011.

Winter sales rise boosts Berkeley

A jump in sales reservations of 25 per cent over the winter has boosted the housebuilder Berkeley's confidence in its results for this year and next.

The business on...William McGrath, Chief Executive, Aga

The man who powers middle England?

More so than ever before, it appears. Aga Rangemaster, to give thecompany its full name, had a great 2010 it revealed yesterday, boosting profits from £500,000 to almost £20m, restoring its dividend and eradicating its pension fund deficit.

Rising cost of raw materials threatens to derail recovery in UK construction

Optimism over tentative signs of a recovery in Britain's struggling construction sector was yesterday tempered by warnings that the rising cost of oil as well as other raw materials such as steel could undermine the progress made.

Construction sector builds momentum

The recovery in the construction industry strengthened in February as activity surged to an eight-month high, boosting hopes that the UK's economy will return to growth.

House builders face 'year of concern'

Britain's builders suffered a "disappointing" end to 2010 and now face a "protracted year of concern" as residential property construction registered its sharpest fall since the depths of the recession.

Signs of stability in building trade

Confidence and activity in the building trade seems to have stabilised, according to the latest survey from the Chartered Institute for Purchasing and Supply (Cips), but the severe weather conditions will threaten the sector's slow recovery.

Career Services

Day In a Page

Independent Travel
Pompeii, Capri & the Bay of Naples
Dubrovnik, the Dalmatian Coast & Montenegro
Burgundy, the River Rhone & Provence
Lisbon, Oporto and the Douro Valley
Lake Garda, Venice & Verona
Spain
Prices correct as of 23 January 2015
Syria crisis: Celebrities call on David Cameron to take more refugees as one young mother tells of torture by Assad regime

Celebrities call on David Cameron to take more Syrian refugees

One young mother tells of torture by Assad regime
The enemy within: People who hear voices in their heads are being encouraged to talk back – with promising results

The enemy within

People who hear voices in their heads are being encouraged to talk back
'In Auschwitz you got used to anything'

'In Auschwitz you got used to anything'

Survivors of the Nazi concentration camp remember its horror, 70 years on
Autumn/winter menswear 2015: The uniforms that make up modern life come to the fore

Autumn/winter menswear 2015

The uniforms that make up modern life come to the fore
'I'm gay, and plan to fight military homophobia'

'I'm gay, and plan to fight military homophobia'

Army general planning to come out
Iraq invasion 2003: The bloody warnings six wise men gave to Tony Blair as he prepared to launch poorly planned campaign

What the six wise men told Tony Blair

Months before the invasion of Iraq in 2003, experts sought to warn the PM about his plans. Here, four of them recall that day
25 years of The Independent on Sunday: The stories, the writers and the changes over the last quarter of a century

25 years of The Independent on Sunday

The stories, the writers and the changes over the last quarter of a century
Homeless Veterans appeal: 'Really caring is a dangerous emotion in this kind of work'

Homeless Veterans appeal

As head of The Soldiers' Charity, Martin Rutledge has to temper compassion with realism. He tells Chris Green how his Army career prepared him
Wu-Tang Clan and The Sexual Objects offer fans a chance to own the only copies of their latest albums

Smash hit go under the hammer

It's nice to pick up a new record once in a while, but the purchasers of two latest releases can go a step further - by buying the only copy
Geeks who rocked the world: Documentary looks back at origins of the computer-games industry

The geeks who rocked the world

A new documentary looks back at origins of the computer-games industry
Belle & Sebastian interview: Stuart Murdoch reveals how the band is taking a new direction

Belle & Sebastian is taking a new direction

Twenty years ago, Belle & Sebastian was a fey indie band from Glasgow. It still is – except today, as prime mover Stuart Murdoch admits, it has a global cult following, from Hollywood to South Korea
America: Land of the free, home of the political dynasty

America: Land of the free, home of the political dynasty

These days in the US things are pretty much stuck where they are, both in politics and society at large, says Rupert Cornwell
A graphic history of US civil rights – in comic book form

A graphic history of US civil rights – in comic book form

A veteran of the Fifties campaigns is inspiring a new generation of activists
Winston Churchill: the enigma of a British hero

Winston Churchill: the enigma of a British hero

A C Benson called him 'a horrid little fellow', George Orwell would have shot him, but what a giant he seems now, says DJ Taylor
Growing mussels: Precious freshwater shellfish are thriving in a unique green project

Growing mussels

Precious freshwater shellfish are thriving in a unique green project