UK construction activity crumbles as optimism evaporates

British construction activity shrank last month and confidence about the next 12 months fell to its lowest in almost four years, a survey showed on Tuesday, in a blow to the government the day before a budget statement. The Markit/CIPS Construction Purchasing Managers’ Index (PMI) fell to 49.3 l…

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UK construction activity crumbles as optimism evaporates

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