Construction output falls

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The Independent Online

An extra day at work failed to help builders in May as construction output sank again, official figures show.

The 6.3 per cent slide came despite a bank holiday being moved to June for the Diamond Jubilee.

Analysts said the industry – which accounts for just under 7 per cent of UK output – is likely to to drag on the economy between April and June, helping condemn the country to a third successive quarter of recession. Steve McGuckin, managing director of Turner & Townsend, the consultants, said: "What began as a dip has become a dive."

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