UK Construction Outlook Dims With Increase in Interest Rates

  • Purchasing managers cite energy crisis and recession risk
  • Delayed projects instead of new orders fed rebound in output
WATCH: At least £300 billion was wiped from UK stock and bond markets since Liz Truss became prime minister. Joe Easton reports.Source: Bloomberg
Lock
This article is for subscribers only.

Follow us at @BloombergUK and on Facebook, and wrap up your day with The Readout newsletter with Allegra Stratton.

Britain’s construction industry turned more pessimistic in September after rising interest rates and the risk of recession held back new orders.