AUDIO NEWS: House building sector returns to growth and fuel prices jump up in June
Posted: Monday, July 7th, 2025
The house building sector returned to growth in June for the first time since September — that’s according to the Construction Purchasing Managers Index. But a decline in civil engineering and commercial work pegged back overall construction output. Despite registering the slowest decline in output in June, survey respondents warned there were few tender opportunities and intense competition for new work. Tim Moore, economics director at S&P Global Market Intelligence, said June “highlighted a sustained downturn in UK construction output, albeit at the slowest pace in six months.” --- Rising tensions in the Middle East pushed average diesel prices up by nearly 3 pence a litre in June. Figures from the RAC also showed that the average price of unleaded petrol rose by 2 pence a litre. RAC said it hoped fuel prices will now stabilise, but much depends on the margin retailers decide to make on petrol. Just last week the Competition and Markets Authority (CMA) released a report calling out high retailer margins and a lack of competition for inflating fuel prices. --- A 21-year-old bricky is doing his best to recruit school leavers into the trade. After leaving school and being out of work Jude Cartwright signed up to Chameleon School of Construction. Now three years he is looking to eventually take over the family bricklaying firm. --- To listen to the construction news please click below.
Trending Stories
-
Essex electrician has roundabout signs rejected
A sparkie’s bid to sponsor signs on two roundabouts has been refused by planning chiefs who described them as “clutter”
-
Barbie caused a ‘worldwide’ shortage of pink paint
Barbie needed so much fluorescent pink paint that it caused a worldwide supply shortage for an entire company
-
Builders find body of man murdered in the 1960s and buried in back garden
A woman who bought a South London house was left horrified after builders discovered the body of a man murdered in the 1960s and buried in her garden 14 months after she moved in
-
'Government insulation scheme ruined my home'
A home-owner said his flat has been ruined by black mould caused by a government "green" insulation schem
-
Builder celebrates lottery win by buying his coworkers bacon butties
A builder from Milford Haven who won big on the lottery celebrated his victory by treating all his workmates to a round of bacon rolls
Comments
Add a comment