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Keep up to dateBy Jordan Marshall2019-02-11T06:00:00
Consultant warns trade wars, stalling growth in China and global debt levels will also put brake on UK growth
Alinea has warned the construction industry not to be blinded to other economic threats in the lead up to Brexit as the consultant predicts flat tender price growth across London for the next couple of years.
In its latest market report Aline said it expects tender prices across London and the South-east to grow by 2% both this year and next, before increasing by 2.75% in 2021.
The report said: “On balance, we believe that input cost pressures will outweigh the supply chain’s ability to trim margins – against a background of resource constraints and structural inefficiencies that are underpinning a chronic problem with productivity.
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