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British construction recorded back-to-back contraction

BRITISH construction recorded its first back-to-back contraction since 2016 last month.

Builders and construction management say that the government’s inability to assure them over faltering Brexit negotiations has led to numerous building projects being suspended and stalled.

IHS Markit’s index of activity for March rose to 49.7 from 49.5 in February, both below the 50 threshold that indicates expansion.

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