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UK faces housing shortage and construction challenges as a major builder files for administration.
The UK faces a housing shortage, aiming to build 1.5 million homes by 2030, but challenges like land availability, high construction costs, labor shortages, and complex planning systems hinder progress.
Meanwhile, Ardmore Construction Ltd has filed for administration, facing legal claims from house builders over fire safety remediation costs.
The construction sector struggles with the Building Safety Act's impact.
Heron Bros reports increased profits through a cautious growth strategy, while a Singaporean investor plans to upgrade a Victorian building near St Paul's Cathedral in London.
The UK's infrastructure industry is exploring alliancing to manage costs and deliver projects more effectively amid fiscal constraints and supply chain issues.
El Reino Unido se enfrenta a la escasez de viviendas y a los desafíos de la construcción, ya que es uno de los principales constructores que solicita administración.