Core Five latest to warn of ‘perfect storm’ for spiking material costs

By Tom Lowe2021-04-19T05:00:00

Source: Shutterstock

Consultant’s report the latest to sound alarm on escalating cost pressures

A “perfect storm” of spiking material costs is brewing as construction gears up for a post-lockdown rebound, a report has warned.

Covid, post-Brexit trading rules and rising oil prices have led to soaring material prices which could hit contractors as pipelines fill up ahead of relaxing lockdown restrictions, the latest forecast by the cost consultant found.

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