Market Insight Report: UK Construction | Xenia Broking

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Construction is the main bellwether of the UK economy. The key Barometer of both growth and contraction. Our latest UK Construction report examines the impact of crucial market conditions and continuing uncertainty in the space. But with inflation now at the target of 2%, the continuing improving trend in the wider economy is evident. Positive signs are certainly starting to show for the construction sector after a somewhat stagnant and challenging period with confidence and optimism now beginning to surface. Nevertheless, even though some macro-optics are trending better, and the sector has finally registered small levels of growth, corporate insolvency levels remain heightened. With Inflation significantly lower than this time in 2023, and hope that interest rates could start to fall later this year, these factors should support a continued improvement in the outlook for the sector.


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