Output surges as material prices level; housebuilders report strong results

Construction output surged in November, as material prices flatten for the first time since September 2020. Meanwhile, several housebuilders announce results to the City, with differing fortunes.

First-time buyer transactions hit a high, whilst SMEs reveal major barriers to housing delivery

HMRC figures reveal that first-time buyer transactions reach the highest level since 2002, amid ongoing challenges to housing completions in 2022.