Capital outlay

Nov. 1, 2008
The dip in the overall construction market is providing an upside for housebuilders operating in London. With private sector work slowing, competition among certain specialist contractors for packages of work from main contractors and housebuilders is starting to push down tender prices. Prices Andrew Wiseman, chief executive of Telford Homes, which is focused on east London, says: “We’re finding prices …

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