According to a recent survey by the industry, increased costs are likely to add at least £40 million to Britain's housebuilding bill this year. Recent increases include 74% on copper fittings and 10% on aluminium products. Timber costs are expected to go up by enything up to 20% during the course of the year, and the industry is seriously concerned about the effect of recent road haulage measures (including the Transport Bill). Some building industry sources have forecast that devaluation will put up costs by at 3-4% by the middle of the year, It is very difficult to make exact estimates of how these changes will affect particualr projects but the following forecast of the effects of recent. increases was made recently in a technical journal:
The WeekThe Week Vol. 9, No. 2, c. 10 January 1968
House Building Bill to Go Up £40 Million
The scan: The Week v9 no2.pdf (PDF, Marxists Internet Archive, opens at this page)
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