inflation

Construction tender prices are set to climb by up to 5.0 per in 2026, threatening costs for key UK programmes and challenging project viability, according to new data from global professional services company Turner & Townsend. In its…

Latest data from the Building Cost Information Service (BCIS) shows tender prices increased by an estimated average of 0.8 per cent between 3Q2024 and 4Q2024. The increase resulted in 2.3 per cent annual growth in the BCIS All-in Tender…

The latest construction forecast data from the Building Cost Information Service (BCIS) shows building costs are set to increase by 15 per cent over the next five years, while tender prices will rise by 20 per cent over the same period. As…

The latest UK Construction Market Report from international property and construction consultancy, Gleeds, reveals contractors are remaining selective about taking on new work, with almost 90 per cent saying they or their supply chain had…

Despite a challenging external landscape of high inflation and interest rates, and disrupted supply chains, Wates Group has reported the highest-ever turnover and underlying profit in its 127-year history. With turnover of £2.18 billion, an…

Skills shortages continue to be a significant challenge for the European construction industry, despite growth prospects in data centres, life sciences and high-tech projects. This is according to a new ‘Construction Market…

Latest projections from the Building Cost Information Service (BCIS) forecast construction costs to rise just over 3% in the year to 3Q 2024, while tender prices are expected to increase by just over 2% in the same period. In its five-year…

The latest CGA Prestige Foodservice Price Index reveals that year-on-year inflation in the foodservice sector hit 13.6 per cent in March 2022 and prices are unlikely to fall for the foreseeable future. Faced with soaring food and energy…