UK Construction Outlook: Prioritizing People and Balance Sheets
Project management · AEC industry
Beard chairman Mark Beard highlights strategies for sustainable growth in the UK construction sector, emphasizing talent retention, prompt supply chain payments, and workplace quality despite broader economic headwinds.
Addressing the UK construction industry's trajectory, Beard chairman Mark Beard noted that while wider economic conditions remain challenging for housebuilders, well-established main contractors have recently posted solid financial performances. Beard argued that firms should capitalize on favorable trading periods by reinforcing balance sheets, investing in workforce development, and strengthening collaboration across supply chains to secure long-term resilience.
Key takeaways
- UK ONS figures reported that new construction orders grew by more than 16% in 2025, matching strong trading statements from contractors.
- Early engagement and prompt payment of suppliers help reduce overall project expenses by building confidence and decreasing reliance on performance bonds.
- Projections suggest the construction sector needs to recruit over 200,000 workers by 2030 to counter industry-wide skills shortages.
- Improving site facilities, safety standards, and operational IT systems are identified as essential elements for talent retention.
Source：Construction Management Read the original ↗
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