Construction firms' confidence sees small uptick in June
UK construction firms reported a two-point increase in overall business confidence to 46% in June, according to the latest Business Barometer from Lloyds.
UK construction firms reported a two-point increase in overall business confidence to 46% in June, according to the latest Business Barometer from Lloyds.
The latest figures from the Plumbing & Heating Merchant Index (PHMI) report show like-for-like value sales (adjusted to remove the impact of trading days) for April 2026 through specialist plumbing and heating merchants were up +0.5% compared to the same month in 2025. Like-for-like volume sales were down -4.2%, while prices increased +4.9%. There was no difference in trading days.
As tougher steel import rules come into force, one of Britain's longest-established manufacturers says businesses that have continued to invest in UK production face rising costs, while overseas competitors escape the impact.
Building costs are forecast to increase by 13.1% over the next five years, while tender prices are expected to rise by 15.5% over the same period, according to the latest construction forecast data from the Building Cost Information Service (BCIS).
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