UK construction downturn eases, adding to signs economy holding up
By Andy Bruce LONDON (Reuters) - Britain's construction industry largely recovered in August from a downturn that started just before June's vote to leave the European Union, according to a survey on Friday that added to signs the economy is stabilising. The construction survey follows a surprisingly upbeat manufacturing PMI on Thursday, which could prompt the Bank of England to rethink the need to cut interest rates again this year. "The near-stabilisation in construction activity in August ...
Read more »