Mace pins hope on next Government for construction growth

Mace is warning that long term growth for the industry will depend “on more favourable conditions and the approach of the next government.”
The firm’s latest UK Market View kept the current tender price inflation forecast nationally steady at 2.5% for 2024 and 3% for 2025 and 2026. The figures for London remain at 2%, 2.5% and 3% respectively.
Market conditions are becoming slightly more favourable with material costs 2.3% down over the last year and total construction new orde