“Batten Down the Hatches”

Responding to ‘decade low’ construction figures from the IHS Markit Purchasing Managers’ Index, Naismiths’ Director Gareth Belsham spoke to CITYA.M. on what the drop in new order means for the sector.

“Whether the Brexit endgame brings an election, a ‘no-deal’ or both remains largely moot. For now all the construction industry can do is to batten down the hatches, complete existing projects and retain its capability in the hope that the final months of the year see an unblocking of three years of deferred investment.”…

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