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Evening Standard
Evening Standard
Business
Joanna Hodgson

Contractors struggle to fill order books as economic headwinds hammer construction sector

London’s biggest building contractors will be hoping measures to boost housing and address inflation concerns are announced in the March Budget, as research today laid bare how construction order books have been hammered by political and economic headwinds.

Two surveys published on Monday showed a tough outlook for construction in 2023, piling pressure on firms that are already grappling with difficulties such as labour shortages and high materials costs.

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