Building work reduced

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CONSTRUCTION workloads in the North East fell during the last quarter of 2010 as government spending cuts and a lack of commercial finance took their toll, says a new report.

 The latest RICS Construction Market Survey issued yesterday said though workloads dropped in the North East, they increased in the South.

 RICS chief economist Simon Rubinsohn said: “The rebound in the construction sector seems to have run out of steam.

 “Although bad weather at the end of the year will clearly have had some impact on responses to the survey, the bigger picture is of an industry under significant pressure.”