Broker Panmure Liberum has highlighted Galliford Try Holdings PLC (LSE:GFRD) as a likely beneficiary following Chancellor Rachel Reeves' Autumn Budget, which included a substantial £24.6 billion boost in capital investment.
This funding is directed at infrastructure, social housing, and other public projects, which are expected to spur significant opportunities within the construction and infrastructure sectors.
Panmure Liberum analysts highlighted that the government’s commitment to social housing development aligns with Galliford Try’s portfolio of public and regulated-sector projects.
Additionally, Reeves’ budget underscores infrastructure enhancements, which may be bolstered by private investment, further creating potential contract opportunities for Galliford Try and other UK construction firms.
In addition to Galliford Try, analysts see Balfour Beatty plc (LSE:BBY), Costain Group PLC (LSE:COST), Kier Group PLC (LSE:KIE) and Severfield-Rowen plc (LSE:SFR) as potential Budget beneficiaries.
The government also earmarked £6.6 billion for education investment for 2026, with £1.4 billion set aside for rebuilding over 500 schools.
“We expect this to benefit Kier and Galliford Try,” said Panmure Liberum.