Weekly Summary
Materials will no doubt continue to be a feature of conversations on construction pricing over the next year as the market continues to be disrupted by change. The move to net zero or circular systems means a different way of working and new supply systems. However, these changes could also encourage a better understanding of material sourcing and supply within the industry, the opaqueness of which has compounded recent crises.
The relentless increase in prices across the UK economy is causing some to question if there is an element of ‘excuseflation’ (companies continuing to raise prices simply because people expect it). This should encourage us to question the detail of prices more closely.