The recent flooding that afflicted large parts of the
country has led to a 15% drop in the amount of 'social housing' new build
starts. However, the latest Glenigan Index, which covers the value of projects
starting on site from December 2013 to February, shows that construction growth
as a whole continued to rise despite the disruption caused by the bad
weather. Construction in the UK was up
10% year-on-year in February, which Glenigan has credited to new infrastructure
and private non-residential starts. Read more on 24dash.
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