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Industry barometer

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Contractors braced for cost hikes despite surging ordersSubscription

Contractors are bracing for rising costs over the next 12 months but order books continue to grow, according to Turner & Townsend’s latest market intelligence report.

Financial finances business mergers acquisitions paperwork

Lending declines £1.5bn for construction firms in six monthsSubscription

Bank lending to construction companies has dropped by £1.5bn in six months – the longest such decline since 2011.