Builders subdued as they battle spending jitters
Thursday 05 January 2012
Builders fared better than manufacturers in December but nerves over possible spending cuts are still to the fore, an industry survey revealed yesterday.
The latest Chartered Institute of Purchasing and Supply/Markit activity index, where a score over 50 signals growth, improved to 53.2 last month. All three industry sectors, housebuilding, civil engineering and commercial building, registered growth for the first time in nine months, Cips said.
This contrasts with a manufacturing industry in reverse during December, although confidence in the building industry is still subdued, Cips added.
The chief executive David Noble warned: "It's still too early to measure the impact of some of the big government spending projects announced in the autumn review statement. Overall expectations for the coming year were generally hopeful but continue to be skewed by wider economic uncertainties."
- 1 This 'woman calls police to order pizza' story isn't going where you're expecting
- 2 Axe wielding man shot dead after attacking four New York policemen on busy street
- 3 Watch what happened when food critics were unknowingly served McDonald's
- 4 Jimmy Carr's Oscar Pistorius joke goes a bit too far at the Q Awards
- 5 Ottawa shootings: Bruce MacKinnon's cartoon is the perfect tribute to soldier Nathan Cirillo
Of course, teenage girls need role models – but not like beauty vlogger Zoella
Cameron is warned 'no possibility' of UK reducing immigration and that bid to bring in quota on migrant workers would be illegal
Support for EU membership 'at highest level since 1991' with most Brits wanting to stay 'in'
Thousands with degenerative conditions classified as 'fit to work in future' – despite no possibility of improvement
Attacks on 'Ukip Calypso' show how skewed people’s priorities are
Poppy Appeal 2014: This is why I won't be wearing a red poppy this year
iJobs Money & Business
£60000 per annum: Ashdown Group: Compensation and Benefits Manager - Compensat...
£30000 - £35000 Per Annum plus excellent benefits: Clearwater People Solutions...
£24000 - £28000 per annum + bonus & benefits: Ashdown Group: IT Business Syste...
£50000 - £90000 per annum + benefits: Ampersand Consulting LLP: Markit EDM (CA...