Detailed planning approvals declined compared to both the previous quarter and the previous year. More positively, project starts and main contract awards increased compared to the previous quarter and 2023 levels.
Education overview
Totalling £2.246bn, education work starting on site grew 50 per cent on the preceding three months to stand 9 per cent up on the previous year. Major projects (£100m or more) starting during the period totalled £375m, and from the preceding quarter and a year ago when no major projects commenced on site. Underlying education work starting on site (less than £100m in value) remained unchanged against the preceding three months on a seasonally adjusted (SA) basis and was 9 per cent down on a year ago, totalling £1.871bn.
Education main contract awards increased 41 per cent against the preceding three months to total £1.738bn, with the value remaining 4 per cent higher than the previous year. Underlying contract awards increased 15 per cent (SA) against the preceding three months and declined by 20 per cent against the previous year. Major projects…
