Naismiths

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Monthly construction output decreased by 0.4% in volume terms in April 2022, marking the first monthly decline seen since October 2021, amid fears about a slowdown in the wider economy. Figures out today from the Office for National Statistics (ONS) revealed that the decrease came from a fall i

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The recovery in UK construction output gained further momentum during June, according to the latest PMI data which saw overall activity expand at the fastest pace since June 1997.

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The UK construction sector continued its tentative post-lockdown recovery with an 8.2% rise in output during May 2020 after the record decline of 40.2% in April.

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The Federation of Master Builders (FMB) has urged the Chancellor to use the upcoming Budget to slash the rate of VAT on repair and maintenance work and to invest in the construction sector in order to maintain the industry’s recovery.

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The UK’s construction sector suffered another sharp reduction in construction output last month as political uncertainty and subdued client demand led to a downturn across all three broad categories of activity.

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Output in the UK construction sector increased by 0.6% during the third quarter of the year following months of flat or falling figures, the latest Office for National Statistics report has shown.

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