UK Construction Survey Shows Rising Workloads Amid Cost and Policy Concerns
What happened
Pick Everard conducted a third-quarter survey of 100 organizations in the construction sector. The survey found that 52 per cent of respondents reported rising workloads over the past 12 months. While growth was noted in infrastructure, energy, defence, housing, and data centres, 42 per cent of respondents described their mood as "concerned" due to cost pressure and uncertainty.
Why it matters
The report highlights that cost pressure and policy uncertainty are influencing decision-making across the sector. Nearly half of the surveyed organizations expected tender prices to rise over the next 12 months, indicating potential future increases in construction costs.
Who's involved
- Pick EverardConducted the third-quarter construction industry survey
- BCISProvides cost and price information for the UK construction industry
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The entities involved
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Pick Everard
UK construction consultancy
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BCIS
provider of cost and price information for the UK construction industry
Nothing else this week.