Building materials supply reaching ‘crisis point’
Building materials supply reaching ‘crisis point’
Increasing labour, energy and logistics costs are pushing the building materials supply chain to crisis point, according to a new survey of industry leaders.
According to recent research from the Builders’ Merchants Federation (BMF), 44% of respondents report that their business’ annual operating expenses have surged by more than £500,000.
The national trade body surveyed owners and senior leaders of businesses within its membership to gauge the economic headwinds being faced.