Construction News Read UK Construction Industry News, Analysis, Opinion and data Soaring interest rates prompt councils to halt schemes
Digital Edition: Soaring interest rates prompt councils to halt schemes
High interest rates are affecting the viability of construction schemes around the UK, with one council pausing a Morgan Sindall project and another reconsidering its £1bn infrastructure programme. A mixture of recent political turmoil and soaring prices has forced the Bank of England to hike…
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