Episode Details

Construction Disrupted Episode 112 - Women and the Wharf are Winning (22.04.26)

Constructing Excellence AI Roundtable Registration (22.04.26 @ 2pm)

In this episode, we examine the conflicting perspectives on the impact of the Middle East conflict, celebrate the surge in women completing construction apprenticeships, and hear from Canary Wharf’s development director about the estate’s remarkable transformation. Let's do this.

Two conflicting reports on the impact of the Middle East conflict

Middle East conflict to have ‘limited impact’ on full-year results, says Barratt Redrow

Barratt Redrow, a leading UK housebuilder, has stated that the Middle East conflict will have only a limited effect on its full-year 2026 results. The company reported a solid third quarter, with a resilient reservation rate and strong forward sales. CEO David Thomas highlighted Barratt Redrow’s proven ability to navigate uncertainty, maintaining a 2% build cost inflation forecast for 2026. However, analysts urge caution, noting that current reservation rates may be supported by buyers using previously secured, lower-priced mortgages. The company acknowledges that higher energy costs could drive up material prices in 2027 and will provide further updates in July.

Conflict in Middle East causes construction sector uncertainty

In contrast, other industry voices are more cautious. Consultants warn that the conflict could lead to higher energy and material costs, impacting project pricing and contractors’ willingness to take on new work. The sector is closely monitoring the situation, aware that the conflict’s trajectory could quickly alter forecasts and disrupt project pipelines. The overall mood is one of vigilance, as stakeholders weigh the risks of cost inflation and possible delays against the need to maintain momentum in a challenging market.

Women completing construction apprenticeships have tripled since 2018

The UK construction industry is seeing a significant shift in gender diversity. According to the Construction Industry Training Board (CITB), the number of women starting construction apprenticeships rose from 1,450 in 2018 to 2,410 in 2025, and completions increased from 340 to 910. CITB and partners like The Skills Centre have invested in training and work placements, with 182 women trained for construction employment in 2025 alone.

The Women and Work All-Party Parliamentary Group (APPG) released a report in 2025 focusing on strategies to break down barriers for women entering construction. With the industry needing 47,000 additional workers annually, diversity is seen as a solution to the skills gap. Deb Madden, Executive Director at CITB, emphasized the importance of retaining women in the sector and ensuring their apprenticeships lead to long-term, secure careers.

‘It was never dying.’ Canary Wharf’s development director on the resurgence of the Docklands estate