Construction Funding Under Pressure
4 May 2012
The market, which funds projects in areas such as railways, hospitals, airports and power generation, has apparently contracted amid pressures on bank balance sheets and regulatory changes according to the Financial Times.
If this is true it does not bode well for the Construction industry. We have seen a huge downturn in building in the UK and in some areas many smaller companies are going bust. It would be really nice to see an upward trend in construction.
Nevertheless, building still continues as the skyline in London shows. Let us hope the Olympics bring more funding into the market so that we can bottom out this downward trend.