Activity in Britain’s construction sector fell by the most in more than five years last month, according to a survey that raises questions about whether the government will achieve its target of building 1.5 million homes by mid-2029.
S&P Global’s monthly purchasing managers’ index for the construction sector fell to 44.3 in July from 48.8 in June, its lowest since May 2020 and below all forecasts in a Reuters poll
