T&T warns cost inflation to hit 10% in one UK city – and it’s not London

Turner & Townsend

New findings pinpoint which cities have seen steepest rises

Cost inflation in Leeds will hit double digits this year as the city undergoes a building boom driven by the need to find accommodation for thousands of university students.

The consultant’s 2022 International Construction Market Survey said costs will double to 10% in the West Yorkshire city which has seen a slew of tower cranes spring up in recent years, especially on residential schemes.

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