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Construction Industry Of The United Kingdom
The construction industry of the United Kingdom is one of the major industry sectors in the UK economy, contributing about 6% of UK gross value added in 2019. In 2018, it was, by GVA, the sixth biggest construction sector in the world. Scale and composition Before the COVID-19 pandemic, the value of construction new work peaked at £119,087 million in 2019, dropping to £99,651 million in 2020. Of this total, new housing comprised £37,755 million of new work, infrastructure £22,517 million, and private commercial building £24,614 million. Public sector work (housing, infrastructure, other) accounted for 26% by value of new work in 2020. The construction sector employed around 2.1 million workers (1.4 million employed in just over 342,000 VAT/PAYE-registered businesses, plus 727,000 self-employed) in Great Britain in 2020, with a high proportion of small businesses: just over one million small/medium-sized businesses, mainly self-employed individuals, worked in the sector in 20 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of The United Kingdom
The economy of the United Kingdom is a highly developed social market and market-orientated economy. It is the sixth-largest national economy in the world measured by nominal gross domestic product (GDP), ninth-largest by purchasing power parity (PPP), and twenty second-highest by GDP per capita, constituting 3.3% of nominal world GDP. By PPP (purchasing power parity) terms, UK constitutes 2.34% of world GDP. The United Kingdom is one of the most globalised economies, and comprises England, Scotland, Wales and Northern Ireland. In 2020, the UK was the fifth largest exporter in the world and the fifth-largest importer. It also had the third-largest inward foreign direct investment, and the fifth-largest outward foreign direct investment. In 2020, the UK's trade with the 27 member states of the European Union accounted for 49% of the country's exports and 52% of its imports. The service sector dominates, contributing 81% of GDP; the financial services industry is partic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Egan Report
The Egan Report, titled ''Rethinking Construction'', was an influential report on the UK construction industry produced by an industry task force chaired by Sir John Egan, published in November 1998.Egan, J. (1998) ''Rethinking Construction: Report of the Construction Task Force'', London: HMSO. (Copy of report available on Constructing Excellence websitereport Accessed: 8 September 2014.) Together with the Latham Report, ''Constructing the Team'', produced four years earlier, it did much to drive efficiency improvements in UK construction industry practice during the early years of the 21st century.Ward, Don and Crane, Alan (2003) "The story so far" in Jones, David, Savage, David and Westgate Rona, ''Partnering and Collaborative Working'' (Informa Professional, London), pp 1-26. Historical context While the 1994 Latham Report had stimulated various industry initiatives, government action was deemed necessary to get the industry to make the necessary changes. In October 1997, the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2022 Russian Invasion Of Ukraine
On 24 February 2022, in a major escalation of the Russo-Ukrainian War, which began in 2014. The invasion has resulted in tens of thousands of deaths on both sides. It has caused Europe's largest refugee crisis since World War II. An estimated 8 million Ukrainians were displaced within their country by late May and 7.8 million fled the country by 8 November 2022, while Russia, within five weeks of the invasion, experienced its greatest emigration since the 1917 October Revolution. Following the 2014 Ukrainian Revolution, Russia annexed Crimea, and Russian-backed paramilitaries seized part of the Donbas region of south-eastern Ukraine, which consists of Luhansk and Donetsk oblasts, sparking a regional war. In March 2021, Russia began a large military build-up along its border with Ukraine, eventually amassing up to 190,000 troops and their equipment. Despite the build-up, denials of plans to invade or attack Ukraine were issued by various Russian gove ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Union
The European Union (EU) is a supranational political and economic union of member states that are located primarily in Europe. The union has a total area of and an estimated total population of about 447million. The EU has often been described as a '' sui generis'' political entity (without precedent or comparison) combining the characteristics of both a federation and a confederation. Containing 5.8per cent of the world population in 2020, the EU generated a nominal gross domestic product (GDP) of around trillion in 2021, constituting approximately 18per cent of global nominal GDP. Additionally, all EU states but Bulgaria have a very high Human Development Index according to the United Nations Development Programme. Its cornerstone, the Customs Union, paved the way to establishing an internal single market based on standardised legal framework and legislation that applies in all member states in those matters, and only those matters, where the states have agreed to act ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brexit
Brexit (; a portmanteau of "British exit") was the withdrawal of the United Kingdom (UK) from the European Union (EU) at 23:00 GMT on 31 January 2020 (00:00 1 February 2020 CET).The UK also left the European Atomic Energy Community (EAEC or Euratom). The UK is the only sovereign country to have left the EU or the EC. Greenland left the EC (but became an OTC) on 1 February 1985. The UK had been a member state of the EU or its predecessor the European Communities (EC), sometimes of both at the same time, since 1 January 1973. Following Brexit, EU law and the Court of Justice of the European Union no longer have primacy over British laws, except in select areas in relation to Northern Ireland. The European Union (Withdrawal) Act 2018 retains relevant EU law as domestic law, which the UK can now amend or repeal. Under the terms of the Brexit withdrawal agreement, Northern Ireland continues to participate in the European Single Market in relation to goods, and to be a member o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Crossrail
Crossrail is a railway construction project mainly in central London. Its aim is to provide a high-frequency hybrid commuter rail and rapid transit system crossing the capital from suburbs on the west to east, by connecting two major railway lines terminating in London: the Great Western Main Line and the Great Eastern Main Line. The project was approved in 2007, and construction began in 2009 on the central section and connections to existing lines that became part of the route, which has been branded the Elizabeth line in honour of Queen Elizabeth II who opened the line on 17 May 2022 during her Platinum Jubilee. The central section of the line between Paddington and Abbey Wood opened on 24 May 2022, with 12 trains per hour. The main feature of the project is the construction of a new railway line that runs underground from Paddington Station to a junction near Whitechapel. There it splits into a branch to , where it joins the Great Eastern Main Line; and a branch to Abbey ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
High Speed 2
High Speed 2 (HS2) is a planned high-speed railway line in England, the first phase of which is under construction in stages and due for completion between 2029 and 2033, depending on approval for later stages. The new line will run from its most southerly terminus, London, to its most northerly point, Manchester, with branches to Birmingham and the East Midlands. HS2 will be Britain's second purpose-built High-speed rail in the United Kingdom, high-speed line, the first being High Speed 1, which connects London to the Channel Tunnel. At its southern end, the line will terminate at London's London Euston railway station, Euston station while other termini will be Birmingham Curzon Street railway station, Birmingham Curzon Street station and Manchester Piccadilly station. In addition to these stations, the dedicated track will serve Old Oak Common railway station, Old Oak Common in west London, Birmingham Interchange, East Midlands Parkway railway station, East Midlands Parkway ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Construction 2025
Construction 2025 is a British government report issued in July 2013 outlining its industrial strategy for the sector until 2025. Key aims were to reduce programme lengths and costs, reduce greenhouse gas emissions and improve the trade gap. The policy saw the establishment of the Construction Leadership Council to drive change in the industry. Background The report was issued by the Department for Business, Innovation and Skills in July 2013 during the 2010-15 Coalition Government. The foreword was written jointly by the Secretary of State Vince Cable, Minister of State Michael Fallon and the then Chief Executive of Network Rail David Higgins. The report promised to "radically transform the industry". It sought to build on the changes implemented as a result of the 1994 Latham Report, the 1998 Egan Report and the 2009 Wolstenholme Report. Aims The four principle aims of the policy were: *Reduce whole-life greenhouse gas emissions in the built environment by 50% *R ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Farmer Review Of The UK Construction Labour Model
The Farmer Review of the UK Construction Labour Model, commonly known as the Farmer Review or by its subtitle Modernise or Die, was a 2016 report commissioned by the British Government. Written by industry veteran Mark Farmer, it identified key failings in the British construction industry. Farmer stated that research and development was almost non-existent, productivity was low and cost inflation high. He also noted a lack of skilled workers required to deliver the government's infrastructure and housebuilding targets. Farmer made ten key recommendations for the industry to follow which included reform of the Construction Industry Training Board, greater use of off-site construction techniques, greater promotion of the industry to school children, reform of tax and planning processes and for implementation of a 0.5% tax on clients in projects that do not follow the recommendations. The government later agreed to implement all of the recommendations except for the additional tax ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Latham Report
The Latham Report, titled ''Constructing the Team'', was an influential report written by Sir Michael Latham, published in July 1994. Latham was commissioned by the United Kingdom government and industry organisations to review procurement and contractual arrangements in the UK construction industry, aiming to tackle controversial issues facing the industry during a period of lapse in growth as a whole. Historical context The Latham Report was not the first report to identify systemic failings in the UK construction industry; previous reports dating back to the 1960s had identified similar issues and made similar recommendations.Ward, Don and Crane, Alan (2003) "The story so far" in Jones, David, Savage, David and Westgate Rona, ''Partnering and Collaborative Working'' (Informa Professional, London), pp. 1-26. However, this report did gain industry and government support. The report Latham identified industry inefficiencies, condemning existing industry practices as 'adversarial', ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gross Value Added
In economics, gross value added (GVA) is the measure of the value of goods and services produced in an area, industry or sector of an economy. "Gross value added is the value of output minus the value of intermediate consumption; it is a measure of the contribution to GDP made by an individual producer, industry or sector; gross value added is the source from which the primary incomes of the System of National Accounts (SNA) are generated and is therefore carried forward into the primary distribution of income account." Relationship to gross domestic product GVA is a very important measure, because it is used to determine gross domestic product (GDP). GDP is an indicator of the health of a national economy and economic growth. It represents the monetary value of all products and services produced in the country within a defined period of time. "In comparing GVA and GDP, we can say that GVA is a better measure for the economic welfare of the population, because it includes all prim ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
HS2 Construction Near Leamington Spa, Aerial 2021 (3), Geograph 6947416 By Chris
HS or Hs can stand for: Businesses and brands * HS Produkt, a Croatian firearms manufacturer * ''Helsingin Sanomat'', a newspaper in Finland * Hawker Siddeley, aircraft manufacturing group * Henschel & Son, in aircraft prefixes; e.g., Hs 117 * Head & Shoulders or H&S, a shampoo brand * Harris Scarfe and HS Home, a chain of Australian department stores Science and technology Chemistry * Hassium, symbol Hs, a chemical element * Bisulfide, HS−, a chemical compound derived from H2S * Mercapto radical, •, a radical molecule * Hun stuff (a World War I name for mustard gas) Medicine * hs, medical abbreviation for "hours of sleep" * '' h.s.'', medical abbreviation for the Latin phrase ''hora somni'' ("at bedtime") * Hereditary spherocytosis, a genetic disorder marked by hemolytic anemia * Hidradenitis suppurativa, a skin condition affecting apocrine sweat glands and hair follicles Other uses in science and technology * '.hs', the Haskell programming language's typical filename ex ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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