#uk-construction

#uk-construction

Construction costs globally are set to rise by 2.4% in 2026, but growing uncertainty is the real challenge to project delivery. The findings are captured in 'Construction in 2026: Where Certainty Comes from Agility' a new report published by Currie & Brown, a world-leading provider of cost management, project management and advisory services. UK market: steady costs, fragile confidence At 3.6%, the UK sits in the middle of the global range of forecast cost escalation for 2026.

Activity in the UK's construction sector shrank last month at the fastest pace since the pandemic, partly due to uncertainty ahead of the Budget, a closely watched survey has indicated. The research from S&P Global said November saw the steepest fall in output for five-and-a-half years, led by a downturn in infrastructure and housebuilding. It added that commercial construction also faced "severe headwinds" last month as concerns over possible Budget measures "pushed clients to defer investment decisions".