Weekly Summary
A key headline this week was the shareprices of tech giants who, until now, have been boosting stockmarkets in an otherwise tumultuous year. Globally, stockmarkets fell as investors started to doubt recent rallies.
The ongoing commitment to HS2, along with the 22,000 jobs that it will create will be welcomed by the industry, especially in light of the PMI survey which saw respondents suggest that future construction growth will rely upon “a boost from major infrastructure projects and resilient public sector construction spending”.
This week all eyes are on the trade talks with the EU for any sign of a post-Brexit trade deal as the UK’s departure from the trade bloc draws near.