Supply shortages hit Britain’s booming building industry

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Strongest growth in sector for more than 20 years but firms facing longer lead times and higher prices for components

The monthly survey by IHS Markit/CIPS reported a surge in house building and a pick up in construction activity generally.The monthly survey by IHS Markit/CIPS reported a surge in house building and a pick up in construction activity generally.Britain’sis suffering from severe supply chain bottlenecks as it experiences the strongest growth in almost a quarter of a century, the latest snapshot of the industry has shown.

 

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