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Overall construction sector growth has slowed for the first time this year

Comment from Jan Crosby head of infrastructure, building and construction

Comment from Jan Crosby head of infrastructure, building and construction

Commenting on today’s IHS Markit / CIPS UK Construction PMI, Jan Crosby, head of infrastructure, building and construction at KPMG UK, said:

“The UK construction sector continues to chomp at the bit for new projects, but overall growth has slowed for the first time this year as builds are still being affected by the ongoing global supply chain problems, which in turn are causing significant delays in deliveries and price rises for materials.

“In addition, lorry driver shortages mean stock that does arrive here in the UK is often delayed further due to logistical setbacks, and on site construction slows down when workers need to self-isolate.

“Combined, this is creating a catch-22, which could impact how well the sector recovers and grows over the coming months.”

-ends-

Notes to Editors
For media enquiries, please contact:
Tanya Holden, Deputy Head of Media Relations
E: tanya.holden@kpmg.co.uk
T: +447874888656

 

About KPMG

KPMG LLP, a UK limited liability partnership, operates from 21 offices across the UK with approximately 16,000 partners and staff.  The UK firm recorded a revenue of £2.3 billion in the year ended 30 September 2020.

KPMG is a global organisation of independent professional services firms providing Audit, Legal, Tax and Advisory services. It operates in 147 countries and territories and has more than 219,000 people working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. KPMG International Limited is a private English company limited by guarantee. KPMG International Limited and its related entities do not provide services to clients. 

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