Enjoy it...while it lasts
Article Abstract:
The UK construction industry grew 3.8% in 1997, reaching a value of 52.1 billion pounds sterling. Construction Forecasting and Research predicts slower industry growth in 1998 at 2.9%, reaching a value of 54.1 billion pounds sterling. Infrastructure projects will be hit by falling road building investment, while government budget cutbacks will lead to a fall in social housing building in favour of an overhaul of existing stock. Private housing will see a small increase in 1998, but higher interest rates and lower tax relief will slow down the market considerably by the end of the year.
Publication Name: Building
Subject: Construction and materials industries
ISSN: 0007-3318
Year: 1998
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21st century vox
Article Abstract:
Bovis Chairman Sir Frank Lampl predicts the worldwide construction industry will be focused on a few international firms. He foresees the industry having to increase its services to offer clients facilities management. Marks Barfield Architect Julia Barfield sees architecture as having a major role in urban renewal. Architect Lord Foster suggests environmental issues will become a more dominant factor in architecture. Redrow Chairman Steve Morgan foresees consolidation in the UK construction industry and suggests the increasing use of prefabrication on site.
Publication Name: Building
Subject: Construction and materials industries
ISSN: 0007-3318
Year: 1999
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