Article 466GT UK construction firms suffer slowdown amid Brexit worries

UK construction firms suffer slowdown amid Brexit worries

by
Richard Partington
from on (#466GT)

Industry activity hits three-month low in December as uncertainty continues to rise

The UK construction sector ended 2018 on a weaker footing, hitting a three-month low in December amid fading demand for commercial projects and the growing risk of a no-deal Brexit.

According to the Markit/Cips UK construction purchasing managers' index (PMI), which is closely watched by the Bank of England and the Treasury as an early warning gauge for the UK economy, the building trade suffered a slowdown in activity in December.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/business/economics/rss
Feed Title
Feed Link http://feeds.theguardian.com/
Reply 0 comments