Building materials suppliers have been reporting a jump in sales for some time and a purchasing managers index survey, compiled by IHS Markit, found construction activity in June grew at the highest rate since 1997.
But the frenzy of activity, added to Brexit disruptions, has led to a shortfall of some materials such as timber and bricks, which has driven up prices.
Stock Watch - Star Phoenix
Star Phoenix Group rocketed in value after the oilfield services tiddler said it was pursuing a hydrogen project in Western Australia.
It has teamed up with Curtin University in Perth for the project, which will cost £350,000 over two years and be funded by Star Phoenix.
Investegate |Halfords Group PLC Announcements | Halfords Group PLC: HALFORDS ENTERS SOFTWARE MARKET WITH LAUNCH OF AVAYLER
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ATD taps Halfords Avayler software for mobile services
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