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21Oct93 UK: JACKER'S JOURNAL - TRAVEL EXPENSES.

British companies are spending £19.2 billion on travel and expenses for their employees this year, according to a survey for American Express.This is 9 per cent up on 1992 - Britain and Hungary are the only markets in Europe where expenses are growing - and is, says AmEx, equivalent to the cost of four Canary Wharves or the UK's annual clothing bill.Within this growth, though, the building and construction sector has been doing rather badly.Construction firms spent less than half the UK average, which is probably because there are relatively few large firms, and the 1993 expenditure is only 1 per cent above the 1992 figure.AmEx also found that proportionately more people in construction get travel and expenses than in other industries - 40 per cent, against an average of 28 per cent - and reckons this means there is scope for 'large cost-efficiencies'.And, to no great surprise, it found that there are few 'women travellers' in construction: 7 per cent, against the UK average of 23 per cent. CONSTRUCTION NEWS