Uncertainty caused by Brexit is likely to fuel further materials price increases and lead to further project delays, cost consultants have told Building, writes Louise Dransfield. While there is little by way of consensus on tender price forecasts among QSs due to Brexit uncertainty, the general view is that inflation will slow in 2017 before bottoming out next year. Consultants cite a buoyant infrastructure sector, ongoing labour shortages, weak sterling and cost increases on imported materials as the key factors set to affect tender prices this year.
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