Key projects in €165bn development plan at risk as inflation bites

Latest figures from the CSO show that the price of construction materials are up almost 20 per cent in the first quarter of this year, while builders say fixed pricing makes contracts commercially unattractive or unviable

Paschal Donohoe, Minister for Finance, and Michael McGrath, Minister for Public Expenditure: a review of capital projects that are in the pipeline in areas including housing, transport, health and education was completed last week by the Department of Public Expenditure and Reform