📰 News Alert:
🔖 Title: UK construction activity falls at fastest pace in nearly five years
🗓️ Published: Thu, 06 Mar 2025 16:34:54 GMT
📄 Summary: The UK construction sector experienced its largest decline since May 2020 in February, with the S&P Global construction PMI dropping to 44.6 due to steep declines in housebuilding and engineering work. Firms attributed the slump to a lack of consumer demand and high interest rates, indicating potential economic challenges ahead.
🔗 https://www.theguardian.com/business/2025/mar/06/uk-construction-sector-activity-plunges-pmi-report
🗞️ Source: Business | The Guardian
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