Data | Inflationary pressures risk putting the brakes on construction growth
Market volatility, supply disruptions and rising costs are starting to affect project viability, writes Kris Hudson.
In an important year for construction that will see the Building Safety Bill progress through Parliament, as well as a continued focus on key issues such as net zero and diversity in the industry, CHAS lists 10 issues expected to affect supply chains in 2022.
What good is a saw without any timber? What use is the timber without any labour? These are questions facing contractors across the country as material and labour shortages threaten to stall recovery from the COVID-19 pandemic, writes Oliver Pickford.
Materials supply and price volatility are predicted to be key risks to completion of construction projects within time and budget. Although there is no single answer to the problem, there are ways we can mitigate some of the key risks, to ensure the best possible outcomes.
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