Business | Business News The long-running woes for UK builders continued in December, but showed some signs of coming off recent lows, a new survey has suggested. Construction companies reported a recent slump in housebuilding continued last month, but the firms started hiring a little more, hopeful that 2024 might bring better conditions. The latest S&P Global/ CIPS construction purchasing managers’ index scored 46.8 in December, up from 45.5 in November. Analysts had expected a score of 46.4. Any score that is lower than 50 means that the sector is contracting, the further below 50 it gets the faster that contraction is…
Construction sector continues decline in December, but pace slows – survey
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