Wednesday, 14 December 2011

JCT Inflation Busting Price Increase

The UK construction industry has fallen off a cliff during this recession in terms of work loads and new starts and needs all the help it can get.

But the JCT (which is an industry body), and publishes the JCT building contracts used for the majority of construction works in the UK, has just announced an inflation busting 5% price increase effective 1st January 2012.