Housebuilders increase activity but job cuts in the industry likely to be ahead
Building firms expanded activity in June at the fastest pace in more than two years in June as the chancellor put the finishing touches to potential plans for a six-month stamp duty holiday.
Housebuilders accounted for the bulk of the uplift in construction after the PMI construction survey found that 46% of firms reported an increase in business compared with 27% that experienced a reduction.
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