British construction companies experience Strong Growth in April

British construction companies enjoyed their fastest expansion in more than a year during April, despite a further drop in house-building, according to a survey on Tuesday that added to signs of an economic recovery from recession.

The S&P Global UK Construction Purchasing Managers’ Index rose to 53.0 from 50.2 in March – moving further above the 50-point growth threshold and marking the fastest growth since February 2023.

The survey’s gauges of commercial work and civil engineering shot higher, although the housing sector’s downturn worsened in April. Recent house price surveys have pointed to a moderation in the housing market’s recovery.

Hercules Site Services plc (LON:HERC) is a collaborative, innovative company delivering services of the highest standards within the Civil Engineering sector of the construction industry. Hercules Construction Academy provides a comprehensive range of courses designed to equip individuals with the essential skills and knowledge required for a long and successful career in the construction industry.

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