Construction activity shrinks at fastest rate for five years

The UK construction sector has suffered its steepest decline in five years, casting doubt over the government's pledge to build 1.5m homes by the end of this Parliament. Figures from S&P Global Market Intelligence revealed activity plunged from 48.8 to 44.3 in July, signalling sharp contractions in residential and civil engineering projects. Analysts warn the slowdown could deepen economic woes, with firms laying off workers and slashing investments amid weakening demand. 

City AM (07/08/2025)   The Daily Telegraph (07/08/2025)   The Guardian (07/08/2025)   The Times (07/08/2025)