Ailing commercial and residential sectors holding back London output growth, T&T Alinea says

city (2)

Inflation and tax rises hitting sectors but infrastructure and private industrial work showing signs of growth, cost consultant adds

Turner & Townsend Alinea has left its tender price forecasts for London unchanged for this year and next as it warned of ongoing output declines in both commercial and private housing work. 

The consultant held its tender price inflation forecast for 2025 at 3% and at 3.5% for both 2026 in its latest London market report, published yesterday.

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