Construction set for gradual two-year recovery

UK construction output is set for a gradual recovery this year and next following two challenging years that have particularly hit the private housing sector.
Latest forecasts from the Construction Products Association predict total construction output is expected to grow by 2.1% in 2025 and 4.0% in 2026.
The recovery for this year is a downward revision compared with 2.5% growth expected in Autumn, given the prospect of slower economic growth, higher inflation for longer, and fewer interest rat