London construction market could shrink due to reduced capacity

London construction market could shrink due to reduced capacity

A report from AECOM has detailed issues with reduced capacity and a risk-averse environment and the effects this will have on projects in the Capital The London construction market could be adversely affected by low-risk approaches, says AECOM’s London Main Contractor Survey. The survey covers firms with a combined turnover of £6bn, and found that tier one contractors have already filled their order books for 2025. New contracts tendered has red…