T&T says building costs across UK regions to soar as focus moves away from London

By Jordan Marshall2021-07-22T05:01:00

Source: Shutterstock

Birmingham predicted to see 5% rise this year before jumping even further in 2022

Major UK cities are set to see the cost of construction soar over the next two years, a report from Turner & Townsend has found.

The firm’s International Construction Market Survey (ICMS) said the labour shortages and ongoing disruption to global supply chains from covid-19 were being exacerbated by the government’s levelling-up agenda which is seeing investment ploughed into the regions and away from London and the South-east.

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