Value of projects put on hold doubled in last 18 months

摘要

The value of projects being put on hold almost doubled in the last 18 months, according to exclusive research for Building by construction data company Barbour ABI. The data shows the average monthly value of projects being put on hold in the prior 12 months increased by 89% in the UK between its low point in March 2014 and August this year, the latest month for which data is available. The sharp increase in the volume of work being put on hold comes despite a resurgent construction economy and is thought to be a reaction by clients to increases in tender prices by contractors and specialists in recent months.