Just published is the Q4 2025 edition of Construction Market Intelligence, RLB’s comprehensive and up-to-date guide to construction activity around the UK incorporating our quarterly tender price forecast.
This quarter our analysts say that the government’s much-anticipated second Budget is expected to have a limited impact on construction inflation, with a marginal increase to round off 2025 and a marginal decrease in the forecast for 2026.
Latest construction industry news
In the report’s Executive Summary, we present and discuss national statistical data to give an overview of construction activity within the context of the whole economy. We cover:
- Macro-economic conditions
- Construction pipeline prospects
- Input costs
- Tender prices
Tender price forecast and construction cost management
The RLB Tender Price Index – which combines our regional forecasts to create an average, weighted by regional workload – creates a national figure on the state and direction of the tender market.
As of Q4 2025, RLB’s forecast tender price uplift for 2025 is 3.17%, compared to the previous quarter’s forecast of 3.03%.
Use our Construction Cost Calculator to estimate the costs of your next project using our industry-leading tools.
Update on market conditions in every UK region
Read the Regional Insights section of the report for the latest analysis of construction activity and tender price movements at a local level.
Our on-the-ground experts also share their insights on the likely impacts the Budget will have on the construction industry in their region.
Essential reading for construction professionals
Construction Market Intelligence is essential reading for anyone involved in cost management and procurement – investors, developers, and project teams and their supply chains.
Read our other insightful reports and surveys to keep up to speed with market trends and activity in construction.
FURTHER INFORMATION:
Roger Hogg
UK Research and Development Manager
