Main contractors being caught out by rising prices, steel firm Billington warns

billington

Prices fixed some time ago now going up because of materials costs

Steelwork firm Billington has said more and more main contractors have been caught out on jobs which have gone up in price because of increased materials and labour costs.

The company, which released an improved set of interim results this morning, said firms had fixed a price for work some time ago only to see it head north when the job actually started.

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