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Builders slash growth forecasts

Language: English Series: Times ; 14 December 1993, 2 | Daily Telegraph ; 14 December 1993, 23(1)Publication details: 1993Subject(s): Summary: The National Council of Building Materials Producers (BMP) predicts that output will only increase by 0.5% in 1994 and 2% in 1995, less than half that originally forecast. Reductions in public spending announced in the November Budget is a cited reason.

The National Council of Building Materials Producers (BMP) predicts that output will only increase by 0.5% in 1994 and 2% in 1995, less than half that originally forecast. Reductions in public spending announced in the November Budget is a cited reason.