UK office construction forecast to plunge after Brexit vote

Half of planned developments in central London likely to be postponed with a 30% to 40% decline across the UK, warns SavillsThe Brexit vote will lead to a slump in office construction, with up to half of planned developments in central London likely to be postponed or scrapped in coming years, according to estate agent Savills.Commercial development has barely recovered from the post-financial crisis slump, and the uncertainty surrounding the terms of Britain’s departure from the EU will t