Glenigan’s February Development Evaluate crunches the data-gathering company’s numbers for the 3 months to January 2026 and divulges a normal slowdown in UK building process.
The record says {that a} consistently gradual economic system and occasional non-public investor self assurance proceed to suppress sector efficiency.
Undertaking begins during the last 3 months have fallen by means of 31% in comparison to the previous 3 months, with values slashed by means of 20% in comparison to 2025 figures.
Major contract awards plummeted by means of 37% at the previous 3 months and by means of 43% in comparison to the former 12 months.
Likewise, detailed making plans approvals fell by means of 30% right through the November-January duration to complete 33% down on 2025 ranges.
Glenigan financial director Allan Wilen mentioned: “In spite of the disappointing numbers, there’s indubitably hope at the horizon… A handful of key schemes, together with the hospitals programme, the colleges development programme and a powerful pipeline of infrastructure and utilities upgrades are set to kick-start UK building out of impartial.
“After all an early rate of interest reduce would now not handiest do wonders to revive dwindling client and trade self assurance, but in addition lend a hand get Britain development once more.”
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