It is currently all too easy to feel that we are in the throes of an economic and fiscal hurricane, which makes trying to navigate one’s business feel a little like the Dutch boy who stuck his finger in the crumbling dike in the hope of preventing an oncoming flood. Lots of effort – but not sure its working.

Last week’s spring statement by the chancellor Rachel Reeves introduced a series of reforms and investments poised to significantly influence the UK’s construction and property sectors. Coupled with the imposition of new global trade tariffs by Donald Trump in the the United States on Wednesday, these developments present a complex landscape for industry stakeholders and are being widely and carefully examined in the boardrooms of developers, contractors, consultants and architects.