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Economists remain positive about infrastructure sector

The amount of infrastructure work in the UK will be 54% higher in 2018 than it was last year, economists have predicted.

The Construction Products Association said in its respected Autumn Forecasts that infrastructure output would be £20.5bn in 2018.

The report offers some hope to the industry after official figures showed infrastructure output had recently fallen to its lowest monthly level in almost five years.

Output in the sector will rise by about 8% for each of the next four years – then by 12% in 2018 – according to the CPA report.

Energy work will lead the charge, with work on EDF’s proposed nuclear power station Hinkley Point set to get underway along with the third round of offshore wind farms and a glut of power connection work.

Road spending is expected to be boosted by the reformed Highways Agency, while major London projects such as Crossrail and Thameslink will continue to fire up the rail sector in the short-term.

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