Construction delays and overspends on existing developments mean the government will miss its election target to build 40 hospitals by 2030, the National Audit Office has warned.
Rising materials prices and numerous supply chain challenges mean public sector bodies may have to pick up the slack – or risk delays to infrastructure projects.
An English county council is set to reallocate funds earmarked for construction projects to help close a forecast £4.5m gap in its structural maintenance programme as soaring inflation puts pressure...
Council investment in buying buildings dropped by 56% in the first quarter compared to last year, while spending on new construction projects fell just 14% according to government data.
