UK building firms hit as materials and staff costs ‘go through the roof’

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Construction industry says cost of materials is rising at among the fastest rates since the 1990s

The monthly purchasing managers’ index fell to 55.2 in August, down from 58.7 in July on an index where anything above 50 separates growth from contraction. City economists had forecast a reading of 56.9.

 

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We're just getting started. Things should get really interesting when import checks are rolled out in January.

They have had cheap Labour & charged high prices for houses to make the most profit. Now, due to Brexit, they are having to employ British people & pay better wages they are wining. Well tough luck. You shouldn’t have stuffed the British workers & only been interested in profits.

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