National Insurance hike to delay construction recovery

Increases to employer’s National Insurance Contributions (NICs) next April 2025 will add an estimated 0.75%–1% to construction costs and contribute to delaying a full industry recovery to 2026.
The latest Market View report from Arcadis titled Stuck in the Middle highlights the challenges posed by stubborn inflation, escalating costs, and regulatory complexities.
Aracdis experts said a full recovery is now anticipated in 2026 – later than previously forecast.The industry remain