Sustainability vs savings?

As recessionary clouds gather over the UK economy, many clients are reassessing the business case for capital investment. Some have opted to pause, defer or scale back their projects; or look aggressively for cost savings before deciding to proceed.

With consumer inflation running at a 40-year high, interest rates rising seven times in a row and the Bank of England stepping in with an emergency £65bn bailout for the UK’s financial system, these are uncertain, unsettling times. For those responsible for long-term, expensive capital programmes, business as usual is not an option.

These are times for cool heads and rational, data-led decision-making. As clients call for cost savings, this edition of the UKMI will consider how the construction industry can drive the efficiencies needed to keep its sustainability ambitions on track.

At a glance