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Genius Money, keeping you up-to-date with all the latest news.


You will find articles on all the latest regulatory developments, industry-related updates, financial & payroll related news and much much more...

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04Jul
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Site workers settle for 5% pay increase

Construction unions and contractors have agreed a blanket 5% pay increase for more than 500,000 site workers. The deal follows months of talks betwe...

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28Jun
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Government sets out measures to support self-build

Help to Build initiative opens on Monday The government has pledged several actions to boost self and custom build, including setting up a new unit...

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24Jun
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Wages among key trades keep pace with cost of living rise

Self employed labour rates for several key trades have exceeded general cost of living rises. Demolition workers, plasterers, plumbers, roofers and sc...

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21Jun
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Construction needs another 250,000 workers by 2026

At least a quarter of a million additional construction workers will be needed by 2026 to meet growing demand in the industry according to the lates...

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14Jun
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Tender price inflation to soar to 10% this year

Leading cost consultant Arcadis is warning the spectre of stagflation could hit construction as soaring materials inflation and risk allowances in t...

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07Jun
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Ban on unsafe metal cladding extended to all buildings

The government previously announced a ban on the use of combustible materials in and on the external walls of new blocks of flats over 18m, in England...

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25May
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Spring Statement 2022 suspected to start extending IR35 reform to 'small companies'

Spring Statement 2022 could be used to extend the divisive IR35 off-payroll rules of April 2021 to PSC contractors who supply ‘small c...

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23May
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Site wages row looms as union dismisses “derisory” pay offer

Construction unions and contractors are at loggerheads over money following a “derisory” pay offer for more than 500,000 site workers. T...

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18May
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Summer slowdown fears as latest contract award data droops

Contract awards and planning approvals in April were well below those seen in March according to the latest Snap Analysis from leading construction ...

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13May
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Office work uplift returns construction output to growth

Construction output returned to 1.7% growth in March after sliding during the storms in February, helped by private housing repair and maintenance an...

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09May
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Rising material costs put brake on sector demand

Rising material costs and price increases across the board ate into the construction sector’s growth in April, according to the Purchasing Manag...

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04May
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Building tender price inflation to climb to 8.5%

The ‘pressure cooker’ contracting environment, where cost pressures are rising, and contractors are both busy with existing projects and ...

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