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Birmingham Post
Birmingham Post
Business
Lauren Phillips

Urban Splash "committed" to £750m Swansea regeneration project despite wider market challenges

Regeneration company Urban Splash says it is committed to delivering major regeneration schemes in Swansea, despite wider market concerns.

The Manchester-headquartered firm recently announced that it is limiting the number of construction projects it takes on because of "unprecedented levels of uncertainty and the prospect of a lasting economic downturn".

It comes amid growing concerns that major projects and developments across the UK could be under question because of rising borrowing costs against spiralling energy bills and construction costs.

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