Construction not expected to reach pre-covid levels until end of 2022, fresh data suggests

By Jordan Marshall2020-07-15T05:00:00

Office for Budget Responsibility had originally predicted recovery would take six months

Delays to economic recovery post-coronavirus have sparked fears about construction demand, according to the latest Office for Budget Responsibility figures.

In March the OBR predicted the economy would take only a couple of quarters to return to its pre-coronavirus levels but it is now suggesting this will not take place until the end of 2022.

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