This website uses cookies to store information on your computer. Some of these cookies are used for visitor analysis, others are essential to making our site function properly and improve the user experience. By using this site, you consent to the placement of these cookies. Click Accept to consent and dismiss this message or Deny to leave this website. Read our Privacy Statement for more.
Association News: CABE News

COVID-19 - 19 June Update

19 June 2020   (1 Comments)
Posted by: Leanne Sparkes
Share |

Since the 23 March, when the UK economy went into lockdown, we have all been affected by the COVID-19 pandemic. The construction industry, was of course, not immune to its effects and has had to bring in new ways of working to respond and in many cases works were shut-down  in order to keep people safe.
 
Here at CABE we have been trying to keep you up-to-date with all the latest guidance as it has been introduced. We, alongside the Construction Industry Council (CIC) and Construction Leadership Council (CLC) have also been working hard making sure that the construction industry’s voice has been heard by government, and has produced guidance including the site operating procedures which has made it clearer on how to work safely on site.
 
There has also been considerable research undertaken that examines the effects of COVID-19 specifically on the potential economic impact on the construction industry.

 

Retaining Talent in Construction - Read the Results of the People Survey

 

The headline figures show that 32% of staff across the industry were furloughed at the end of May and that the size of the construction workforce is predicted to fall by 9.9% by September this year, with 43% of businesses stating they anticipate making at least some redundancies. 

Although these figures are stark, there was some positive action with the Bank of England yesterday announcing that they will be pumping an extra £100bn into the UK economy to help stimulate its recovery and reporting that there is growing evidence that the downturn might be less severe than initially feared.

Whilst the future is unknown, what we do know is that for many of our members the coming months are going to be difficult, and here at CABE we will continue to do our best to keep you informed and support all members during this difficult period.

 

Comments...

Afolabi Adesanya C.Build E FCABE says...
Posted 22 June 2020
It sounds very strange the effects of Covid-19 on construction industry but the merits on innovation is impeccable. The feature of construction projects is relatively long period, which usually lasts for a few years. Therefore, the impact from this year may actually cause a greater impact next year or the year after. Considering rapid economic recovery towards the end of the year, the overall industry will be able to develop steadily in 2020 – the risk resistance capacity on the construction industry will be graded strong with cures and precautions put in place. Yes, it has changed the way we live and work to some extent. What we needed to do in person before may not be necessary now – for example, site technology become the norm. There are now artificial intelligence automation machines that can help. Clients also gradually changing from the construction industry to logistics, e-commerce, AI automation and other diversified industries must now develop the abilities for competitions