Following a 24-year high in June, July’s dip in IHS/Cips index is widely blamed on ‘Brexit friction’
Britain’s builders struggled to keep pace with the demand for new homes and maintenance work in July as shortages of materials and skilled staff slowed growth, according to a closely watched industry survey.
After hitting a 24-year high in June, the construction industry last month grew at the slowest pace since February, after firms that had stockpiled materials in the first half of the year began to run low while others were unable to find enough workers to fulfil bulging order books.