More needs to be done to boost the nation's small builders to secure economic growth, says the Federation of Master Builders (FMB) in response to the Chancellor of the Exchequer’s speech.
The 1.6% rise in construction output in the three months to May 2026, is a welcome sign of recovery for the construction industry, but policymakers must not assume the sector is out of the woods yet
Following Sir Keir Starmer’s resignation statement this morning, the next Prime Minister must turn pro-building rhetoric into real delivery, according to the FMB.
The Federation of Master Builders (FMB) says small builders' worst fears have been confirmed, with new forecasts predicting the construction sector will shrink 2.5% as the Iran war drives up costs and dampens demand.
A lack of consumer confidence is holding back domestic building projects, as one in five households are put off from hiring builders costing the economy £11.2 billion each year
The construction sector is under strain from high numbers of insolvencies, increasing wage bills, in part linked to National Insurance changes and persistent materials price inflation, according to the latest State of Trade Survey from the Chartered Institute of Building (CIOB) and the Federation of Master Builders (FMB).
Growth in Wales' construction sector has slowed dramatically, with workloads barely rising and enquiries falling sharply amid deepening skills shortages and mounting cost pressures.
Workloads remain robust across Scotland's construction sector, yet severe skills shortages and rising costs threaten to delay projects and restrict growth.
Northern Ireland's construction sector maintains the strongest workloads in the UK, yet a dramatic fall in new enquiries and deepening skills shortages threaten future growth
More needs to be done to boost the nation's small builders to secure economic growth, says the Federation of Master Builders (FMB) in response to the Chancellor of the Exchequer’s speech.
The 1.6% rise in construction output in the three months to May 2026, is a welcome sign of recovery for the construction industry, but policymakers must not assume the sector is out of the woods yet
Following Sir Keir Starmer’s resignation statement this morning, the next Prime Minister must turn pro-building rhetoric into real delivery, according to the FMB.
The Federation of Master Builders (FMB) says small builders' worst fears have been confirmed, with new forecasts predicting the construction sector will shrink 2.5% as the Iran war drives up costs and dampens demand.
A lack of consumer confidence is holding back domestic building projects, as one in five households are put off from hiring builders costing the economy £11.2 billion each year
The construction sector is under strain from high numbers of insolvencies, increasing wage bills, in part linked to National Insurance changes and persistent materials price inflation, according to the latest State of Trade Survey from the Chartered Institute of Building (CIOB) and the Federation of Master Builders (FMB).
Growth in Wales' construction sector has slowed dramatically, with workloads barely rising and enquiries falling sharply amid deepening skills shortages and mounting cost pressures.
Workloads remain robust across Scotland's construction sector, yet severe skills shortages and rising costs threaten to delay projects and restrict growth.
Northern Ireland's construction sector maintains the strongest workloads in the UK, yet a dramatic fall in new enquiries and deepening skills shortages threaten future growth
