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Rising costs hit orders for UK construction firms

Rising costs and economic worries started to restrict growth in the UK’s construction sector last month, but businesses are still expanding, new data show. An influential survey found that the increased prices that companies are paying for energy, ...

06 May 2022 at 11:25

City

Service sector growth slows as business confidence takes a hit

Confidence among bosses in the UK services sector has sunk to its lowest level in 18 months as higher prices slowed a recovery in the industry, according to new data. The fall in confidence was due to rising costs for products and services in the ...

05 May 2022 at 11:25

Construction sector grows for 12 consecutive months

The UK’s construction sector saw growth last month to levels not seen since August and marked 12 months of consecutive rises for the industry, according to new data. The closely-followed IHS Markit / CIPS purchasing managers index (PMI) hit 56.3 ...

04 Feb 2022 at 11:25

Housebuilders face worst month for two years, survey shows

House builders faced their worst month for over two years in June as the construction sector saw growth slowing yet again, a new survey suggests. The closely-watched S&P Global/Cips construction purchasing managers’ index (PMI) scored 52.6 in ...

06 Jul 2022 at 11:56

Vintage clothing enthusiast crowned Hobby Hero in national competition

A vintage clothing enthusiast whose pastime is to dress in 1940s outfits has been crowned Eventbrite’s Hobby Hero in a national competition. Teresa Fisher, 50, from Stone in Staffordshire, dresses as a 1940s “promenader” with her husband ...

01 Aug 2022 at 06:59

Factory slump drags UK economic growth to 18-month low

UK private sector growth has slowed to a new 18-month low after factories were hit by “waning customer demand”, according to new data. The closely followed S&P Global/CIPS flash UK composite purchasing managers index (PMI) report showed ...

23 Aug 2022 at 11:23

Weak housebuilding demand drags on UK construction sector

The UK’s construction sector saw growth slow in May after the weakest performance in the residential housing sector for two years as concerns over the economy weighed on demand. The closely-watched S&P Global/CIPS construction ...

08 Jun 2022 at 11:36

Manufacturing growth slows as Brexit and cost-of-living problems weigh

The expansion of the UK’s manufacturing sector slowed to a seven-month low as inflation ate into household spending and exports dropped in part due to Brexit. According to an influential survey, the sector struggled to keep ...

01 Jun 2022 at 11:29

City

UK service sector shrinks for first time since February 2021

The UK’s service sector shrank last month for the first time since February last year as businesses said they were hit by higher borrowing costs following the fallout from the mini-budget. The S&P Global/CIPS UK services ...

03 Nov 2022 at 12:13

Scotland

National Care Service could hinder social care and housing links, MSPs told

Key partnerships in homelessness and social care could be lost in the current proposals to establish a National Care Service, a Holyrood committee has heard. Scottish Government plans to merge social care services into ...

08 Nov 2022 at 15:27

City

Construction work slows for another month as firms hit by climbing costs

Activity in the UK construction sector contracted for the second month in a row in August as economists warn of trouble ahead for companies hit by rising costs and waning demand. The S&P Global/CIPS construction ...

06 Sept 2022 at 12:04

Manufacturing sector shrinks for fourth consecutive month as job cuts rise

The UK’s manufacturing sector shrank for the fourth consecutive month amid weak new business, supply chain disruption and shortages but improved marginally on the previous month. The S&P Global/CIPS UK ...

01 Dec 2022 at 11:22

Years
2025

Related keywords
chartered institute of procurement & supply
construction
economy
housebuilding
ihs markit

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