News

Ailing commercial and residential sectors holding back London output growth, consultant says

By 2025-12-09T14:33:00

city (2)

Inflation and tax rises hitting sectors but infrastructure and private industrial work showing signs of growth, cost consultant adds

Turner & Townsend Alinea has left its tender price forecasts for London unchanged for this year and next as it warned of ongoing output declines in both commercial and private housing work. 

The consultant held its tender price inflation forecast for 2025 at 3% and at 3.5% for both 2026 in its latest London market report, published yesterday.

…

This content is available to registered users | Already registered?Login here

You are not currently logged in.

To continue reading this story, sign up for free guest access

Existing Subscriber? LOGIN

REGISTER for free access on selected stories and sign up for email alerts. You get:

  • Up to the minute architecture news from around the UK
  • Breaking, daily and weekly e-newsletters

 

Subscribe to Building Design and you will benefit from:

Gated access promo

  • Unlimited news
  • Reviews of the latest buildings from all corners of the world
  • Technical studies
  • Full access to all our online archives
  • PLUS you will receive a digital copy of WA100 worth over £45

Subscribe now for unlimited access.