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

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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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