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Black & White Bridging comment on inflation

21 May 2025

Martyn Smith, CEO of Black & White Bridging, commented:

“After last month’s encouraging dip, a rise in inflation to 3.5% is a reminder that the path to economic stability is rarely linear. While it may delay hopes of an imminent base rate cut, the broader trend toward price moderation could still reassert itself in the months ahead.

“That said, renewed pressure on funding costs comes at a challenging time. Developers continue to face tight margins and sluggish planning pipelines, and even small changes in sentiment can make a big difference to project viability.

“It’s vital that the government doesn’t let short-term volatility derail long-term progress. We need sustained policy support and clear incentives to keep Britain building – because the demand for new housing isn’t going away.”