On the up: Construction sector grows faster than expected in November

Britain’s construction sector expanded ahead of expectations in November, despite Brexit worries continuing to hold back business confidence. The Markit/cips UK constructionpurchasingmanagers’ index (PMI) rose to 53.4 in November, up from 53.2 in October. A reading above 50 indicates growth and economists had been expecting a reading of just 52.5. Growth of new work picked up and rising demand underpinned jobs creation in the sector, which grew at its fastest pace since December 2015.