Firms must up productivity or face ongoing effects of inflation, T&T warns

By Tom Lowe2022-01-31T07:00:00

Consultant issues warning on material and labour shortages as it revises tender price forecast again

Construction needs to increase productivity more quickly than it is currently doing, Turner & Townsend said as it revised its tender price forecast up again.

The consultant’s latest UK Market intelligence report called for firms to adopt digital tools and off-site manufacturing to counteract soaring cost inflation for labour and materials in the years ahead.

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