We’ve survived another year… So what happens next?

By Mark Farmer2025-01-02T06:56:00

We may be approaching the end of a particularly turbulent and damaging few years but the outlook is still full of obstacles and challenges, says Mark Farmer

Many in the construction industry will be glad to see the back of 2024. “Survive till 25” was the mantra often heard this year.

2024 has been characterised by the continued fallout from the economic and political turmoil swirling since 2022. Much of this has been hugely damaging for the sector.

Private sector output falls across commercial and residential markets and a lack of counter-cyclical public sector stimulus to offset has led to yet more hollowing out of construction’s structural capacity.

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