6 November 2025, 13:50 United Kingdom: Construction Activity Falls the Most in 5 Years.
The S&P Global UK Construction PMI fell to 44.1 in October of 2025 from 46.2 in the previous month, below market expectations of 46.7 to reflect a tenth consecutive contraction in British construction activity. The rate of contraction was the sharpest since May of 2020. Construction firms continued to report poor market conditions and fewer tender opportunities. Consequently, employment in the sector dropped at the sharpest pace in over five years, in addition to lesser subcontractor usage. The poor demand drove costs of input materials to drop. Civil engineering works plummeted from the previous month (35.4), with surveyees reporting a lack of new work to replace previously completed projects. Declines were also observed for residential construction (43.6) and commercial building activity (46.3).
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