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Output slides for second consecutive quarter
Thursday 16 Nov 2017 Author: Tom Sieber

The latest Office for National Statistics figures on UK construction suggests the industry is in recession. Output fell by a deeper-than-expected 1.6% between August and September as new work slipped by 1.3%. For the third quarter, output was down 0.9%, representing the first fall for two consecutive quarters in five years. (TS)

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