T&T dashes hopes of price rises easing as report warns of 10% jump in costs

By Jordan Marshall2021-09-27T05:00:00

Consultant tells industry that hikes in materials and labour prices are here to stay for a while yet

Ongoing hikes in the cost of materials and labour will keep sending the price of jobs heading north, Turner & Townsend has said.

The consultant’s latest UK market intelligence report revealed significant revisions to earlier forecasts, with the business warning UK construction to prepare for tender price inflation to remain high in the short to medium-term.

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