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UK construction sector returns to growth in March
UK construction companies indicated a renewed increase in total industry activity during March, thereby ending a six-month period of decline. Survey respondents often commented on a turnaround in sales pipelines and greater new business enquiries linked to the improving economic outlook and more stable financial conditions. Adding to signs of a recovery in construction sector performance, new orders expanded at the fastest pace since May 2023. However, construction companies remained cautious about staff hiring, with employment numbers falling for the third month running in March. The headline S&P Global UK ... (full story)