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- UK house builders show caution as Brexit approaches - NHBC
UK house builders show caution as Brexit approaches - NHBC
British construction firms are making a cautious start to 2019 after slowing their house-building plans late last year in the face of Brexit uncertainty, an industry body said.
Builders registered plans to build 40,513 new homes between October and December across the United Kingdom, up 2 percent from the same period in 2017, the National House-Building Council said. That contrasted with 15 percent growth in the third quarter, although that surge was boosted by catch-up work after wintry weather in early 2018.
The slower pace of activity in late 2018 continued into January. "We are still seeing growth coming through," NHBC Chief Executive Steve Wood said. "At this stage, it's a similar picture to the fourth quarter. It's steady."
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