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UK construction output forecast to grow, but new safety rules and potential tax hikes pose risks.
The Construction Products Association (CPA) forecasts UK construction output will rise by 1.9% in 2025 and 3.7% in 2026, driven by private housing and infrastructure.
However, the industry faces risks from potential tax increases, low homeowner confidence, and delays in project starts.
Additionally, the Building Safety Act introduces new compliance requirements, including Gateway 3 submissions, which could lead to delays in higher-risk residential projects.
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Se prevé que la producción de construcción en el Reino Unido crecerá, pero las nuevas normas de seguridad y los posibles aumentos de impuestos plantean riesgos.