Real estate

Brick stocks slip to record low after strong demand from builders

Brick layer

Brick stocks in the UK have hit their lowest level on record as merger fever grips the sector. Stockpiles of bricks dipped to 323m at the end of October, down almost a third from 500m in 2012, after stocks of more than 1bn were recorded in 2009, according to monthly figures from the ONS and the Department for Business, Innovation and Skills. The UK brick sector has seen a spate of deals recently – CRH has agreed to sell its Ibstock Brick business and three other divisions for £414m in cash and debt to Bain Capital; and HeidelbergCement has sold its brickmaking business for a purchase price of $1.4bn to Lone Star.

Note: News bulletin content has been provided by a third-party and is not the opinion of Santander

Other Articles

Women in Business with Cause4

Santander announces breakthrough women in business mentoring programme in association with Cause4 .

When you’re an established business, recruiting top talent in all the areas you need can seem like a never-ending challenge.


If you’re a start-up or small business, how can you put together an attractive employee package to appeal to top talent – graduate and…

Stop fraud

More than one million incidents of financial fraud occurred in the first six months of 2016, according to official figures released by…

Santander’s Head of SME International Mark Collings discusses why exporting to new global markets may provide businesses with new and…

Where Next?