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UK construction sector gains momentum despite housing drag

The UK construction sector saw an uptick in activity last month, a closely-watched survey showed on Tuesday, although higher interest rates continued to weigh heavily on house building.

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UK housebuilding falls at fastest rate since May 2020 lockdown

Higher mortgage rates and subdued market conditions have seen developers cut back on housebuilding projects, data company S&P Global said.

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Big global employers plan modest cuts to office space : Knight Frank

LONDON (Reuters) - Half of large multinational companies plan to reduce office space as they adjust to hybrid working patterns, although the cuts are likely to be modest as few plan to go fully remote, a survey from real estate agents Knight Frank showed on Tuesday. | 12:32pm

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Big global employers plan modest cuts to office space: Knight Frank

Big global employers plan modest cuts to office space: Knight Frank
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British
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Reuters

Big global employers plan modest cuts to office space: Knight Frank

Half of large multinational companies plan to reduce office space as they adjust to hybrid working patterns, although the cuts are likely to be modest as few plan to go fully remote, a survey from real estate agents Knight Frank showed on Tuesday.

London
City-of
United-kingdom
British
Britain
Robert-irving-burns
Suban-abdulla
Tim-armstrong
David-milliken
Knight-frank
Antony-antoniou
Reuters

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