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UK construction sector grows at weakest pace in 5 months in Oct

Signs of a housing market slowdown caused a slack in the building of new homes

British regulators ordered lenders in April to make more detailed checks of borrowers' ability to repay mortgages.


BRITAIN'S construction sector expanded at the weakest rate in five months in October as signs of a housing market slowdown caused a slowdown in the building of new homes, a survey of purchasing managers showed on Tuesday.

The Markit/CIPS UK construction PMI fell to 61.4 in

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