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UK construction activity tumbles as Iran war pushes up costs, RICS survey shows
RICS said net workloads fell to -12% as builders faced higher material costs, delivery delays and weaker demand.
Summary by Reuters
7 Articles
7 Articles
UK construction activity tumbles as Iran war pushes up costs, RICS survey shows
Activity in Britain's construction sector shrank at the strongest pace in almost six years in the three months to March, according to a survey on Thursday that also showed the war in Iran had increased firms' costs.
Construction Activity Weakens as Credit and Cost Pressures Intensify
Read the latest magazine Industry News Construction Activity Weakens as Credit and Cost Pressures Intensify 7 May 2026 There was a soft start to UK construction activity in Q1 2026, with workloads declining across most major sectors and forward-looking sentiment weakening. This is according to the latest UK Construction Monitor report published by the Royal Institution of Chartered Surveyors (RICS). Housing & Infrastructure The headline const…
Coverage Details
Total News Sources7
Leaning Left1Leaning Right0Center1Last Updated50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
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