Article 3T8AV UK construction posts better than expected June figures

UK construction posts better than expected June figures

by
Richard Partington
from on (#3T8AV)

Building rebound added to latest GDP results will increase pressure to raise interest rates

Britain's construction industry staged a stronger than expected recovery in June, overcoming the worst of a slowdown this year and helping edge the Bank of England closer towards raising interest rates.

After suffering during the heavy snow earlier this year, when diggers and cranes were forced to fall idle across the country, bright sunshine and warmer weather over the past month helped builders back to work.

Related: Sun over Blackpool and Scarborough, but dark days are not over

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