Nearly a quarter of firms in the architects' industry are grossly inefficient in their use of capital, says Plimsoll Publishing. These companies generate around £1.46 in sales for every £1 spent. The average is £2.34 per £1 spent.
Thirty-eight planning authorities have improved the speed with which they make planning decisions compared with 28 last year. On average, authorities made 62 per cent of decisions within eight weeks.
Eight per cent of construction professionals reported a rise in earnings in 1999's second quarter, says the Construction Industry Council. This is down from 13 per cent for the first quarter, and half that reported ayear ago.
London's property boom is set to take the capital's gdp from £169 billion this year to £200 billion in 2002. The Centre for Economics and Business Research says London's house prices will rise by 15.8 per cent this year.