The month in numbers: February 2024


POTHOLE PLEDGE

£235m has been allocated to reduce potholes in London, which the government said was redirected from HS2s cancelled phase two. Critics pointed out that the government had pledged to divert that money into transport projects for areas in the North of England that had stood to benefit from HS2.

Tim Farron, Liberal Democrat MP for Westmorland and Lonsdale, wrote on X (formerly Twitter): “Great to see the rural northern village of London finally getting the levelling up funding it deserves.”

LOW VOLUME

The third quarter of 2023 saw the lowest number of residential buildings granted planning permission since 2006, the Home Builders Federation reported. The trade body expects planning approvals to dip even further this year, after housing minister Michael Gove watered down targets for local authorities.

OUT WITH THE NEW

More than half of consumers think new-build homes are poorer quality than those built in the past, while 48 per cent think they are overpriced, according to a survey by the Chartered Institute of Building.

Feb24 MiN Graph 2

ON THE UP

Demolition and civils specialist John F Hunt Group saw turnover rise by almost £50m to £157.1m in its latest annual financial results. Pre-tax profit increased from £5.5m to £9.5m while profit margin broadened from 5.1 to 6 per cent.

Feb24 MiN Graph 3

25.8km

The length of the tunnel boring machine drive at the Woodsmith project in Yorkshire, setting a new world record, according to Strabag UK.

245 tonnes

The weight of the steel dome installed on Hinkley Point C’s first reactor building, lifted into place by the world’s largest crane – a Sarens SGC 250 called Big Carl, according to EDF Energy.

65%

The proportion of construction workers who report more incidents of theft and trespassing in the colder months, according to security firm BauWatch.

£35m

The amount the Department for Education says it has spent so far on contracts for temporary classrooms for schools affected by RAAC.

SLOW GOING

By November 2023, remediation works had started or been completed on less than half of the buildings with unsafe cladding that are covered by government remediation schemes.

Feb24 MiN Graph 4



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