UK construction activity in July falls at steepest rate since Covid

Collapse in housebuilding underscores challenge for government in meeting its target of building 1.5m new homesBusiness live – latest updatesActivity in the UK construction sector fell last month at the sharpest rate since the height of the Covid pandemic amid a collapse in housebuilding, underscoring the challenge facing the government to meet its 1.5m new homes target.The figures from S&P Global Market Intelligence showed activity fell in July at the steepest pace since May 2020, during the first UK coronavirus lockdown. Continue reading...

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