Construction sector buoyed by rise in housebuilding

Builders - Construction industry saw its best growth for over 2 years in April - SantanderCB

Britain's construction industry saw its best growth for over two years in April thanks to a rise in housebuilding following the previous month's shock fall.

The Office for National Statistics said output lifted by 2.5% in April compared with March – the largest month-on-month increase since January 2014.

Construction growth was helped by a 1.9% month-on-month rise in repair and maintenance work, offsetting a 1.1% month-on-month fall in infrastructure activity, which fell to its lowest level since December 2014.

However the underlying performance of the sector remains sluggish, with output in the three months to April down 2.1% on the previous quarter.


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

Other Articles

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…


Mexico is predicted to become one of the world’s top 10 economies in the next 10 or 20 years.

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?