Biggest slowdown since Brexit vote shows overall UK economic activity slumped in MarchHeavy snowfall from the “beast from the east” caused Britain’s construction industry to grind to a halt final month,according to an industry survey showing the biggest fall in activity since immediately after the Brexit vote. Confirming fears that freezing weather across the country earlier final month would harm the economy by forcing diggers and cranes to fall idle, the closely watched Markit/Cips UK construction purchasing managers index showed the industry contracted in March.[br]Continue reading...
Source: guardian.co.uk