The boss of a 130-year-old South West construction company has said there is “growing concern” in the industry over the rising cost of raw materials amid the war in Ukraine.
Mike Hedges, a director of fourth-generation, family-run business Beard, said the war in Europe had caused the wholesale price of materials such as steel to increase “considerably” week-on-week since February.
The Swindon headquartered company, which also has offices in Bristol, Guildford and Oxford, is behind some major property projects across the South of England, including the restoration of Cleveland Pools in Bath - the UK’s oldest lido - the refurbishment of the Royal West of England Academy in Bristol, and the Museum of Natural History in Oxford.
