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Tight trading and lending conditions are hindering expansion in the construction industry
(27/07/2011)

The UK Gross Domestic Product (GDP) has increased by only 0.2 per cent in the second quarter of 2011, following an increase of 0.5 per cent in the first quarter of 2011. Construction output increased by 0.5 per cent in the second quarter, compared with a decrease of 3.4 per cent in the previous quarter. Government and other services showed zero growth, compared with a 1.1 per cent increase in the previous quarter. Julia Evans, Chief Executi... [more]

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