2025 has brought about a great deal of activity in the industry, and our quarterly market report takes a deep dive into the shifting industry trends and political events which have shaped the start of the year.
The construction industry is rarely uneventful, and this year has certainly kept it busy. Positive funding measures introduced in Rachel Reeves’ Spring Statement, alongside the challenges brought on by Donald Trump’s tariff announcements, have kept the sector on edge. With varying effects on share prices among UK contractors, the long-term consequences for the country remain uncertain.
Reeves’ Spring Statement outlined several positive initiatives, such as £2 billion for social and affordable housing, £625 million for training 60,000 new workers, and £13 billion for capital infrastructure investment over the next five years. But how has the construction sector responded? According to our survey, only 41% of respondents believe that Reeves’ measures will inspire investment in the construction industry. Many expressed concerns about the Chancellor’s references to a "changing world" and the associated volatility, which they fear could harm investor confidence.
Our report also includes:
- Results from our survey of the industry
- In-depth analysis of key industry data
- Expert commentary from our sector teams
- Hot topic discussions including the Procurement Act and the water sector’s Asset Management Period 8
Learn more about our insights in our UK Construction Market Report 1Q 2025.
