A Market in Waiting
Our Q2 2025 Market Update is now available. Watch our latest film to explore this quarter’s key insights.
Investor caution, global uncertainty and economic headwinds are holding back construction demand. Recovery remains slow, but easing inflation, more robust planning activity and potential rate cuts offer early signs of improvement.
In this report you'll discover:
- An update on the UK economy and its impact on the UK construction industry
- The impact of shifting tariffs, material costs and procurement complexity
- What’s driving labour cost pressures
- Current contractor capacity trends and market appetite
- Our latest Tender Price Indicator outlook
Download and read the full report.
G&T’s Market Update provides an overview of the UK construction market, including changes to key macroeconomic indicators as well as construction-specific metrics such as construction output, new orders and key material costs. Our forecasts are based on quarterly industry surveys and regular discussions with the supply chain.
If you'd be interested in a market briefing from one of our teams or want to find out more about our Market Update Q2, get in touch with your G&T expert or contact us today.