Inflation has become a key concern for many with pockets of high pressure stemming from a disrupted commodity market caused by the war in Ukraine, supply chain pressures as a result of Covid, generally improving markets and demand, or in some cases, knee-jerk reactions to an idea of future supply issues.
In construction. we need to understand these pressures and how they translate construction materials and products, as well as monitoring how they impact confidence and commitment to net zero carbon ambitions.
To look out for this week
The Chancellor will reveal his Spring Budget this week, and many hope that announcements will be made to tackle the cost of living and working, such as energy security, affordability, and efficiency, and a cancellation of the planned increase to National Insurance.