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Review of the Year — Part One

Despite high hopes at the start of the year, 2025 proved to be incredibly taxing for the merchanting and wider building materials sector. Sustained cost of living challenges in tandem with flatlining housebuilding impacted the RMI and newbuild markets alike, whilst the only growth arising from Government policies was seemingly onto business costs…

In the first of PBM’s two-part annual review, we start with the context provided by this year’s ‘Top 20’ merchant league table. And then, even in a tough year for the market, we see that positive stories of investment and innovation abound — yet some merchant firms have suffered more than most…

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