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UK construction activity falls at steepest rate since Covid pandemic

Figures place pressure on government amid fears it may miss target of building 1.5m new homesBusiness live – latest updatesUK construction activity fell last month at the sharpest rate since the height of the Covid pandemic amid a collapse in housebuilding, underscoring the challenge facing Labour to meet its 1.5m new homes target.Adding to pressure on the government, the figures from S&P Global Market Intelligence showed activity in the sector fell in July at the steepest pace since May 2020, during the first UK coronavirus lockdown. Continue reading...

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