The UK construction market remains in a delicate position as we move through 2026.

While project pipelines are strengthening, delivery is still constrained by financing challenges, contractor selectivity and ongoing cost pressures. At the same time, external factors – including geopolitical instability and upcoming steel tariffs – are beginning to reshape market conditions.

Our latest Construction Market Report (Q1–Q2 2026) provides a clear, data-led view of where the market stands today – and where it’s heading.

What’s Inside the Report?

• The latest tender price and cost inflation trends
• Market confidence and contractor behaviour
• Key risks impacting projects in 2026
• Practical mitigation strategies for clients
• Our outlook for pricing and market conditions

Why It Matters

The current balance between contractor availability and competitive pricing is unlikely to last. As major programmes begin to move into delivery, pressure on cost and capacity is expected to increase.

Understanding these dynamics now is critical to making informed project and procurement decisions.

Download the Full Report

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