Hold tight, we are in for a rocky ride!
Our UK Summer Market Report 2022 shows that the roller-coaster continues for the construction sector - challenges from Russia's invasion of Ukraine are intensifying, the cost of living crisis is deepening, not to mention a nervous world economy, political uncertainty, and a skills and materials shortage combine to create the perfect storm.
What will the outcome be for construction? How has the turbulence left people feeling about their jobs, their value and their worth?
Despite the bumpy outlook, a strong pipeline of work is anticipated in the medium to long term, thanks to energy security, defence and net zero remaining high on the agenda.
Collaboration on major projects is improving and there is increased investment in new technologies.