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UK construction companies indicated a loss of momentum at the end of 2024, according to the latest figures from the S&P Global UK Construction Purchasing Managers’ Index (PMI).

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Output growth across the UK’s construction sector slowed considerably during last month after reaching a 29-month high during September, the latest PMI data has indicated.

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Five jobs have been lost and homeowners have been left out of pocket as Elgin-based Morlich Homes Ltd enters liquidation. At a board meeting earlier this month, the north east housebuilder, which was incorporated in December 2010, made the decision to move to a formal liquidation process.

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