The number of homes being built in Britain is in sharp decline.
Construction output fell at its fastest pace for six years in May, according to the latest S&P Global UK Construction PMI – the seventeenth consecutive month that the index had reported a decrease.
And things do not look likely to improve any time soon. According to the property firm Savills, annual planning consents for new homes dropped by 39 per cent in the three years to the end of 2025 to just 180,000.
During the same time, construction starts were down 31 per cent.
While supplier issues and planning restrictions have led
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