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.

Economic aspects, Reports, Construction Forecasting and Research

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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.

Real estate developers, Architects

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