RIBA warns of impact of escalating inflation
By Dave Rogers
2021-11-19T06:35:00
Latest Future Trends survey remains in black but practices in London less confident
Architects in all regions are expecting workloads to grow in the coming months, the RIBA’s Future Trends index has said.
But the institute’s head of economic research and analysis Adrian Malleson said practices were increasingly having to deal with growing inflation as the cost of materials and labour headed north.
He added: “Shortages of materials [and] tradespeople is fuelling project cost inflation, making estimating and managing project costs exceptionally challenging.
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