In recent years, it’s not often been possible to talk about the supply of any building materials without including the word ‘shortages’.
Finally that seems to have changed as it’s now being reported that, with a slowdown in housing developments, stocks of bricks and some other construction materials are on the rise.
In this week’s blog, we’re reporting on what industry leaders are saying about product demand and supply in the sector.
The cost of living crisis is something that’s repeatedly filling our news streams with reports of how this is affecting people, businesses and whole industries.
Now, it has been revealed that, during 2022, high levels of inflation on building materials has made its mark on the UK’s construction sector – taking the total cost of construction output for the year to a record level of £204bn.
Read on for more on this story as well as what the experts are predicting for 2023…