The Broader Market Recognition Coalition (BMRC) is formed of government, private sector, and civil society representatives from tropical countries whose mission is to achieve global recognition of national tropical sustainable forestry systems.
Construction output is forecast to rise by 2.0% in 2022 as activity currently continues at a high level but output is anticipated to fall by 3.9% in 2023 as a looming UK economic recession, falling real household incomes and rising interest rates, adversely affect demand for sectors such as private...
There were signs that the extended period of growth experienced by the construction supply chain began to ease in the second quarter of 2022, with cost inflation dominating the headlines of industry surveys.
Just as there appeared to be a return to some form of ‘normality’ on the horizon, an illegal invasion of Ukraine by Russia has brought any sense of potential calm in the market to a halt by ensuring that supply will remain tight and prices firm for the foreseeable future.
As we emerge from the COVID-19 crisis, we have the most united construction industry in living memory, a Government willing to invest in retrofit and rebuild, and alignment on goals such as decarbonisation and manufacturing via the Road to Recovery. Now is the time to transform the industry.