UK Construction Health Check: January 2025 Sees Sharp Decline in Project Starts and Contract Awards
The UK construction sector experienced a significant downturn in January 2025, with a 38% decrease in project starts and a 44% decline in main contract awards compared to the same period last year. This substantial drop is also reflected in a 59% decrease in overall construction activity, indicating a challenging period for the industry. As the construction industry continues to face uncertainty, it's essential to monitor the latest trends and insights to stay ahead. Key factors such as building projects and construction contracts will be crucial in determining the sector's future growth. With the current state of the market, construction companies must adapt to the changing landscape and focus on sustainable building practices and infrastructure development.
