Project starts plummet, says Glenigan

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Gloomy outlook as rising costs delay schemes, while office sector is best performer

The value of construction project starts is 21% lower than a year ago, according to Glenigans.

Underlying work commencing on-site during the three months to April was significantly down, seasonally adjusted, on the same period last year, according to the information provider, and fell 1% against the preceding three months.

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