HS2 & Hinckley Point Swallow Up Supplies | Granite Building Warranties

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Mega Projects Swallow Up Supplies

HS2 Long Itchington

Image Source: hs2.org.uk

HS2 and Hinckley Point add pressure on supply chains for valuable building materials which continues to impact smaller projects.

  • HS2 expected to use 20m tonnes of concrete – as much as Britain produces in a year.
  • Large contractors order and agree prices in advance, leaving smaller suppliers with nowhere to go for sand and cement.
  • Chinese imports are falling behind after factory closures during Covid.
  • The Highways Department (Government body) are ‘second in the queue’ to HS2 and Hinckley Point.
  • HGV driver shortage and an explosion in demand is adding to the pressure.
  • Double digit price rises expected to hit the construction industry next year as a result of the fuel crisis.
  • British Merchants Federation (BMF) and Construction Products Association (CPA) set up a task force to help monitor the situation with the Government and the major building projects.

 

For further information, please contact Ed or Kelly on 01284 365345 or email ed@granitebw.co.uk / kelly@granitebw.co.uk.

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