Market comment

Contraction in UK construction sector as Brexit negotiations falter


Reports over the weekend underline that there has been little progress in EU/UK negotiations, with UK Prime Minister Theresa May’s leadership under threat. Friday’s industrial production data showed the sector benefitting from sterling’s weakness. However, construction output fell for a second consecutive quarter, led by a 5% contraction in commercial building activity.

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Nov 13 2017, 08:20 GMT