Despite an initial boost to confidence within the construction sector following Labour's General Election win in July 2024, positivity has faded since October.

The government has unveiled a major initiative to tackle the growing skills shortage in the construction industry.

The organisation has also outlined several other key priorities as part of a renewed 'Plan for Growth'

During its 2024 financial year, Crest suffered a £144m loss.

Many developers are choosing to pause their investments while the current economic climate remains unsettled.

Optimism among developers is rising despite a fall in construction activity this year

A rise in the number of buyers returning to the market and a predicted uptick in new homes being built could pave the way for UK house prices to reach the next major milestone.

Simply increasing the housing supply is unlikely to have a significant impact on house prices unless the type, size, and tenure of the homes align with market demand

Glenigan's latest construction review has revealed that the majority of major projects stalled during the final few months of 2024, leading to a 19% fall in total project-start value...

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