Market Intelligence Reports
Latest Market Intelligence report: Q1 2025
While early signs suggest a more positive outlook for 2025, the market continues to face significant volatility. Tender workloads are showing signs of recovery, particularly in Groundworks and structural trades, yet project delays and extended pre-construction periods remain a concern. Building costs have risen moderately, with inflationary pressures most evident in M&E and Brickwork, while employment levels have largely stabilised, reflecting a strategic focus on workforce retention.
Material availability has remained relatively steady, though regional pressures – particularly in London and the South West – highlight ongoing supply chain sensitivities. Looking ahead, we anticipate continued cost volatility, regulatory impacts, and the influence of global trade dynamics, including tariffs and labour market changes.
Looking ahead, we anticipate continued cost volatility, influenced by rising material prices, evolving regulatory requirements, and shifting global trade dynamics. These pressures, combined with ongoing supply chain sensitivities, underscore the need for agile planning, collaborative procurement, and proactive risk management to maintain project value and delivery certainty.
Report compiled by
Adrienne Turner
Framework Manager
Janara Singh
Assistant Framework Manager
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