UK construction activity in July falls at steepest rate since Covid
by Richard Partington Economics correspondent from Economics | The Guardian on (#6Z4TS)
Collapse in housebuilding underscores challenge for government in meeting its target of building 1.5m new homes
Activity 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.
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