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The Independent UK
The Independent UK
Business
Henry Saker-Clark

UK construction sector shrinks at fastest rate since 2020

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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