Bristol construction costs rank in global top 10 as local contractor enters liquidation and region invests in skills
New figures place Bristol among the world’s most expensive cities to build in, while a local construction firm’s insolvency and new regional training funding show the sector is under pressure.
Bristol ranks ninth globally for construction costs, the BBC reported [5]. In the same week, The Gazette listed insolvency notices for Sean Lynch Construction Limited, with joint liquidators at Orchard Street Business Centre in Bristol [2][3][4]. Meanwhile, SoGlos reported that Gloucestershire College has unveiled plans for a £4.5 million construction training centre in Gloucester [10][8][9]. The Business Desk reported that Hercules Academy, an infrastructure skills academy, has secured £310,000 of training contracts and is now working with seven prisons [6]. Separately, a Bristol City Council planning application seeks approval for an employment and skills plan for the construction phase of a concrete production site at Avonmouth [7]. UWE Bristol said its innovation centre Future Space has contributed £56 million to the economy over the last 10 years [1].
Sources
- UWE Bristol news: UWE Bristol’s innovation centre Future Space contributes £56 million to the economy over the last 10 years
- The Gazette — Bristol company insolvency notices: SEAN LYNCH CONSTRUCTION LIMITED
- The Gazette — Bristol company insolvency notices: SEAN LYNCH CONSTRUCTION LIMITED
- The Gazette — Bristol company insolvency notices: SEAN LYNCH CONSTRUCTION LIMITED
- BBC Bristol: Why Bristol is among the priciest places to build
- The Business Desk South West: Infrastructure skills academy secures £310,000 of training contracts
- Bristol City Council planning applications weekly list: Application for approval of details reserved by condition 8 (Employment and Skills Plan (ESP) Construction Phase ) of permission 25/15465/F - Permanent retention of existing pre-cast concrete production building: construction of temporary associated development including concrete batching plant, cranes, offices, storage areas and parking, loading and unloading facilities.
- BBC News Gloucestershire: College funding to tackle lack of skilled workers
- BBC News Gloucestershire: New centre to train teens in plumbing, plastering and woodwork
- SoGlos: Gloucestershire College unveils plans for £4.5 million construction centre
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