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The Independent UK

Business

Henry Saker-Clark

REVEALED: Uk construction sector shrinks at fastest rate since 2020 - The Real Truth

United Kingdom Alamy Budget

The data showed that housebuilding, commercial construction and civil engineering all saw their weakest performance for more than five years (Andrew Matthews/PA) - (PA Wire)

The UK’s construction sector declined at its fastest rate since the start of the coronavirus pandemic last month as firms were hit by pre-Budget caution, according to new figures.

The latest S&P Global UK construction purchasing managers’ index (PMI) showed a reading of 39.4 in November, falling from 44.1 in October.

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