Brexit fears continue to dog industry

brexit

Latest IHS Markit/CIPS report shows civil engineering activity up but fears around Brexit heightened

Uncertainty around Brexit and fears about the health of the domestic economy have rendered UK construction firms the least optimistic in nearly six years, according to new research.

The latest IHS Markit/CIPS study of UK construction output reported a rebound in civil engineering activity and while growth in housebuilding and commercial projects slowed this didn’t hamper the pair’s PMI index, which registered a score of 53.2 in October, up from 52.1 in September.

It is the first time since January this year that civil engineering has been the best-performing segment.

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