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Workloads in construction and infrastructure in the South East continued to rise in Q3 2017, according to the latest RICS Construction and Infrastructure Market Survey, with 14% more respondents seeing a rise in workloads of the quarter, with a steady pace of growth. However, while activity in the South East remains steady, comments left by respondents continue to highlight Brexit-related uncertainties as weighing on investment decisions, and the lack of sufficiently skilled workers also remains an obstacle for many businesses.
McKay Securities plc, the only real-estate trust (REIT) specialising exclusively in the London and South East office and industrial markets, has announced its half-year results for the six months ended September 30, 2017.
Job creation in the South East reached a nine-month low in October, despite demand increasing across the region, according to the latest Lloyds Bank Regional Purchasing Managers Index (PMI).
Two in five (39%) of adults in the South East are worried about their current level of debt, while a similar proportion (40%) say they sometimes or often struggle to make it to payday.
Investment by South East manufacturers has seen a reality check in response to the continued political uncertainty, according to a major study published today by EEF, the manufacturers’ organisation and Santander.
The South East’s housing market continues to lack momentum in September as demand from new buyers and sales fell once more. Feedback from respondents suggests that the shift in interest rate expectations contributes to buyer caution in a slowing market, according to the September RICS UK Residential Market Survey.
Business activity growth in the South East gained momentum in September, despite input costs increasing at their fastest rate since February, according to the latest Lloyds Bank Regional Purchasing Managers Index.