Housebuilding activity sees biggest fall in three years

Housebuilding

Latest IHS/Markit survey finds new work declines hitting staffing levels

Slowing orders are forcing construction firms to cut staff numbers, according to the latest data survey by IHS Markit/CIPS.

Staffing levels fell again in October after declines every month since April, with softer demand compounding a lack of new activity to replace completed jobs. Firms also cited a failure to replace EU-citizen workers who had left the UK in the run-up to Brexit.

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