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Britain's construction industry expanded last month for the first time since August, albeit only slightly, according to a survey on Friday that added to signs of improvement in the economy after a recession in the second half of 2023. The S&P Global UK Construction Purchasing Managers' Index rose to 50.2 in March from 49.7 in February - rising above the 50-point growth threshold for the first time in seven months. The survey's gauges of housebuilding, commercial work and civil engineering all rose, though only the last showed a return to outright growth.

British companies' expectations for selling prices and wage increases in the year ahead cooled in March, adding to signs of easing inflation pressure, a Bank of England survey showed on Thursday....

S&P Global composite PMI data shows British businesses are faring better than peers in France and Germany

Bank of England policymaker Catherine Mann, who last week dropped her call for increases in borrowing costs, said on Tuesday she thought markets were betting on too many interest rate cuts by the... -March 26, 2024 at 06:53 am EDT - MarketScreener

LONDON (Reuters) - British businesses recorded another decline in activity this month and cost pressures eased further, a survey showed on Tuesday,