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Rising costs squeeze SME margins

Rising costs squeeze SME margins

01 August 2017

Research by the Federation of Master Builders (FMB) reports that the rising cost of materials following the depreciation of the pound sterling have led to losses for one in ten small builders, while 32% reported squeezed margins and 22% have had to pass the costs onto their customers.  The materials where prices have increased the most include timber, insulation, bricks and blocks.

 

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