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@ tzongocu
2025-03-06 16:46:01
📰 News Alert:
🔖 Title: UK construction activity falls at fastest pace in nearly five years – report
🗓️ Published: Thu, 06 Mar 2025 16:34:54 GMT
📄 Summary: The UK construction sector experienced a significant downturn in February, with the S&P Global construction PMI dropping to 44.6, the lowest level since May 2020. Housebuilding and engineering work saw steep declines, attributing the slump to a lack of consumer demand and high interest rates. Future implications suggest a challenging environment for construction firms in the coming months.
🔗 https://www.theguardian.com/business/2025/mar/06/uk-construction-sector-activity-plunges-pmi-report
🗞️ Source: Business | The Guardian
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