NEWS IN NUMBERS
62% The percentage of ‘
New guide for historic buildings
hard hat’ workers who report having struggled with anxiety . Source: Pirtek UK & Ireland
The guidance lists the benefits and challenges of transforming historic buildings into residential use, and offers advice for all stages of the process: ● Feasibility testing ● Stakeholder engagement ● Heritage appraisal ● Design development ● Building consent
Historic England has launched a new guide for small and medium-sized developers who are looking to adapt historic buildings for housing. The new guide, Heritage Works for Housing , provides guidance on repurposing historic buildings for residential use in a bid to help ease the housing shortage. Up to 670,000 homes could be created by repurposing existing historic buildings in England, according to Historic England.
2,000 The approximate number of jobs lost with ISG going into liquidation. Source: EY-Parthenon
and ongoing maintenance. Scan the QR code
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Government needs £1.6 billion for infrastructure funding
T he government needs as much as £1.6 trillion of costs drive up prices, according to research by accountancy firm, EY. The list of infrastructure developments include a range of projects such as new roads and rail projects, decarbonising public buildings, and building and maintaining social infrastructure such as hospitals and schools. Not counting projects that will be capital by 2040 to fund new infrastructure as high inflation funded by the private sector or those already underway, EY estimated the
government would need around £1.6 trillion over the next 15 years. Mats Persson, Partner at EY Parthenon, said: “Almost every Western country is facing a growing gap between the capital investment needed to meet green, economic and strategic priorities, and the amount governments can afford to spend. “Plugging this gap will require the entire value chain, from policymakers through to developers and investors, to urgently come together to find alternative sources of capital and utilise new technologies to bring down the cost of these projects.”
15% The percentage by which building costs are expected to increase over the next five years. Source: Building Cost Information Service
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