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Supply shortages hit Britain’s booming building industry

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Strongest growth in sector for more than 20 years but firms facing longer lead times and higher prices for components

Britain’s booming construction sector is suffering from severe supply chain bottlenecks as it experiences the strongest growth in almost a quarter of a century, the latest snapshot of the industry has shown.

The monthly survey by IHS Markit/Cips reported a surge in housebuilding and a pick up in construction activity generally as the economy emerged from Covid-19 lockdown.

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