CECA’s chief executive, Alasdair Reisner, said the recovery in infrastructure activity appeared to have been cut short. The UK’s infrastructure spending boom was already fizzling out before the Brexit vote, according to a survey of civil engineering firms that shows a slowdown in activity and order books leading up to the EU referendum. “These results spell real trouble for the UK economy and should act as a major warning sign to policymakers. CECA, whose 300 members account for about three-quarters of UK civil engineering activity, said there had been a slowdown in orders. Reisner said a slowdown in infrastructure spending and activity would impact the economy in several ways.

Source: The Guardian July 26, 2016 12:03 UTC