UK Housebuilding Recovery Hits a Wall Ahead of Budget Announcement, PMI Data Shows
2 months ago
The UK housing sector is experiencing a significant slowdown, with new data indicating that the anticipated recovery in housebuilding has stalled just as the government prepares for its upcoming budget announcement. According to the latest Purchasing Managers' Index (PMI) data, which gauges the health of the construction sector, there are growing concerns that the construction industry is struggling to regain its momentum.
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Home Sales Surge at Bellway as UK Housing Market Gains Momentum
2 months ago
In a positive turn of events for the UK housing market, Bellway plc has reported a notable increase in home sales during the latest financial period. The housebuilding company revealed that their sales rose significantly, highlighting a rebound in the sector as economic conditions seem to stabilize.
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