Market Analysis
Market Update Q4 2024
Growth Potential: Boosted by Opportunity, Constrained by Capacity
Our Q4 2024 Market Update is now available! Watch our latest film to explore this quarter's key highlights. The UK construction industry is poised for expansion, helped by a seemingly pro-construction government. However, there is a complex mix of high demand, caution and uncertainties affecting the market in the short to medium term.
By Michael Urie
Market Update Q3 2024
Our Market Update for Q3 2024 is now available! Watch our latest film to discover this quarter's highlights. As interest rate cuts and anticipated planning reforms spark hopes for a construction revival, will inflationary pressures resurface and how will contractor capacity constraints restrict future workload growth?
By Katie Coulson
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Main Contractor Survey
Main Contractor Survey
G&T’s latest Main Contractor Survey revealed a host of insights on the current state of the UK construction market. The contractors that responded to our survey are among the most time-served and financially secure construction companies trading
By Michael Urie
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M&E Contractor Survey
M&E Contractor Survey
G&T's latest survey of M&E contractors provides valuable insights into the current state of the UK MEP market. Although construction input cost inflation has returned to more normal levels, surveyed contractors remain concerned about labour cost pressures, supply chain insolvencies and the recent spike in copper prices.
By Michael Urie
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Market Update Q2 2024
Market Update Q2 2024
Watch our latest film to discover this quarter's highlights as the UK economy recovers from a shallow recession. With lower inflation, recent mortgage rate reductions and the prospect of interest rate cuts, a more stable market is emerging, offering new opportunities.
By Willem van Zyl
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Market Update Q1 2024
Market Update Q1 2024
Our Market Update Q1 2024 is now available! Explore our new film for the highlights from this quarter, where reassuring input cost trends and improving supply chain capacity are weighed against an uncertain growth outlook and supply chain concerns.
By Rachel Collins
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Market Update Q4 2023
Market Update Q4 2023
Our Market Update Q4 2023 is now available! Explore our new film for the highlights from this quarter, where early signs of softer sub-contractor pricing and improving supply chain capacity are weighed against a challenging debt market for new, speculative work.
By Andrew Browne
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Market Update Q3 2023
Market Update Q3 2023
Our Market Update Q3 2023 is out now! Check out our new film for the highlights from this quarter and discover how despite challenges, the UK economy is proving more resilient than first thought at the start of the year.
By Kerry Gibbs
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Main Contractor Survey
Main Contractor Survey
G&T’s latest Main Contractor Survey revealed a host of insights on the current state of the UK construction market. The contractors that responded to our survey are among the most time-served and financially secure construction companies trading
By Michael Urie
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M&E Contractor Survey
M&E Contractor Survey
G&T’s M&E Contractor Survey summary for July 2023 analyses some of the key trends and themes generated from the responses of our most recent M&E contractor survey.
By Michael Urie
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Market Update Q2 2023
Market Update Q2 2023
Our Market Update Q2 2023 is out now! Check out our new film for the highlights from this quarter and discover how despite a challenging start to the year, positive signals for longer-term prospects remain.
By Andrew Browne
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Market Update Q1 2023
Market Update Q1 2023
Our Market Update Q1 2023 is out now! Check out our new film for the highlights from this quarter and discover how you can identify your advantage in a stabilising market.
By Jonathan Eyles
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Market Update Q4 2022
Market Update Q4 2022
Our Market Update Q4 2022 is out now! Check out our new film for the highlights from this quarter where we’re advising our clients to seek advice on their future project pipelines and ask the question, what are the opportunities for 2023 as we enter a new phase of the market cycle?
By Jonathan Eyles
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M&E Contractor Survey
M&E Contractor Survey
G&T's latest M&E contractor summary report analyses some of the key themes provided from the responses to our recent survey.
By Michael Urie
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Government recommits to major infrastructure projects
Government recommits to major infrastructure projects
Deloitte’s Winter 2022 London Office Crane Survey revealed the volume of new starts increased slightly compared with the last (six-month) survey period but remains below the 10-year average.
By Michael Urie
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Project starts fall but small spots of hope indicate green shoots of recovery are there
Project starts fall but small spots of hope indicate green shoots of recovery are there
The S&P Global/CIPS UK Construction Purchasing Managers’ Index (PMI) edged higher to 49.2 in August of 2022 from 48.9 in July but marked the second consecutive month of falling activity as high prices continued to weigh on demand.
By Michael Urie
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Market Update Q3 2022
Market Update Q3 2022
G&T’s Market Update Q3/2022 provides an overview of the UK construction market. Check out our new film for the highlights from this quarter where we recommend planning ahead, secure resources early and ensure supply chain visibility.
By Kerry Gibbs
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G&T Main Contractor Survey Report
G&T Main Contractor Survey Report
G&T's second Main Contractor survey revealed a host of insights on the current state of the UK construction market. All but one of the contractors that responded to our survey were Tier One contractors and are among the most time-served and financially secure construction companies trading.
By Michael Urie
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Value of construction starts edges higher in the three months to May 2022
Value of construction starts edges higher in the three months to May 2022
Data shows the value of construction starts edged marginally higher in the three months to May 2022 compared to the previous rolling quarter (to April 2022). The underlying value of project starts rose by 1.2% in May compared to the previous three-month period, from £5.04bn to £5.1bn.
