The UK and construction are bouncing back, but not without several hurdles to overcome. In construction, other sectors are recovering faster than the commercial sector, leaving it vulnerable to outside pressures. Whilst in the wider economy, suppliers and consumers are faced with repaying debts and challenges which have built up over the last year which could impact consumer confidence and spending.
For projects, these hurdles need to be carefully watched and managed and will differ in cause and scale, depending upon project timescales and other specifics. The most significant of these hurdles, at the moment, being mounting pressures on materials, but we should continue to look at whether these pressures are temporary or ongoing in order to plan a way through them.