The UK construction activity contracted at the fastest pace since May 2020 amid rising borrowing costs and weak demand, survey results from S&P Global showed on Thursday.
The Chartered Institute of Procurement & Supply construction Purchasing Managers' Index posted 45.0 in September, down from 50.8 in August. The score fell below the neutral 50.0 mark for the first time since June.
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by Renju Jaya
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