A Market Seeking Stability
Our Q4 2025 Market Update is now available. Watch our latest film to explore this quarter’s key insights.
Confidence has softened and conversions are slowing, yet on-site remains steady, and several core sectors continue to provide resilience. Labour and compliance costs are still guiding inflation, while materials remain broadly stable. Workloads are supported by legacy schemes and growth continues in refurbishment, infrastructure and energy transition. The UK Budget has also influenced sentiment this quarter, adding new context to an evolving market.
In this report you'll discover:
- Macroeconomics and construction output
- Input cost trends
- Market trends, including sector developments
- The impact of the UK Budget announcement
- Trends in key trades
- 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 Q4, get in touch with your G&T expert or contact us today.
