Trade Trends 2024 Report on UK Tradespeople

The Trade Trends 2024 Report is an annual publication from Jewson that collates the experiences and perspectives of over 500 UK tradespeople in the construction industry. This report discusses various elements impacting the sector, particularly the economic challenges faced due to fluctuating interest rates, rising costs of living, and material prices. It highlights how these economic pressures have led to decreased consumer confidence and demand for housing and renovations. Additionally, the report addresses the skills shortage in the construction industry, noting that nearly half of tradespeople anticipate worsening conditions in the next year. The report also examines the prevalence of tool theft, providing statistics and recommendations for mitigation. Further, it includes discussions on sustainable building practices and the impact of legislation on energy efficiency improvements desired by homeowners. Jewson aims to support tradespeople by addressing these challenges and offering insights into navigating the current landscape.