Project uncertainty has wiped £2tn from global construction activity this year, according to Currie & Brown report

By Tom Lowe2025-10-03T11:15:00

Source: Shutterstock

UK ranks higher than France and Japan but lower than the US and China when it comes to project confidence, research has found

Uncertainty around project delivery has wiped nearly £2 trillion from global construction value in 2025, more than the GDP of Italy, according to a new report by Currie & Brown.

A newly published survey of more than 1,000 global companies found persistent uncertainty caused by material price inflation, planning delays and skills shortages has resulted in financial losses equivalent to 13.7% of respondents’ pipelines.

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