... reports The Times.
Confidence about future construction work has dropped to its lowest level in nearly five years.
Earlier this year we posted Is DCC's LAA living in LAA LAA land? We wrote about how DCC had been playing with "housing trajectory scenarios", stress testing Devon's sand and gravel landbank, speculating that if sand and gravel sales were to miraculously jump 51% the landbank would drop below the required seven years in 2020 - thereby helping a Swiss multinational justify a planning application to quarry a small greenfield site in East Devon, when in reality there are currently 13 years of permitted reserves.
Despite DCC's fantasy projections, the MPA has reported that demand for sand and gravel has fallen again. We posted earlier in the year that Devon sand and gravel sales were down 14% in 2016.
