SpaceX ‘significantly overvalued’ as huge IPO looms; UK construction output slumps – business live

Rolling coverage of the latest economic and financial news Newsflash: UK construction output has fallen at the fastest pace for six years, as builders were hit…

Rolling coverage of the latest economic and financial news Newsflash: UK construction output has fallen at the fastest pace for six years, as builders were hit…

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SpaceX ‘significantly overvalued’ as huge IPO looms; UK construction output slumps – business live Rolling coverage of the latest economic and financial news Newsflash: UK construction output has fallen at the fastest pace for six years, as builders were hit by higher energy, fuel and transportation costs. Data firm S&amp;P Global has reported that output in all three subsectors within construction – housebuilding, commercial work and civil engineering – posted sharp declines during May. “UK construction companies reported a steep downturn in business activity during May, with the speed of contraction accelerating to its fastest for six years. House building remained especially subdued, and there were fresh challenges in the construction sector from a considerable softening of commercial activity since April. “Anecdotal evidence suggested that economic uncertainty and rising inflation…

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Confidenza: 82/100

Deterministic fallback judge output. Libre judge fallback via DeepSeek Gamma.


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