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Monthly Archives: March 2020

Construction activity in Europe expands at faster pace

The eurozone has experienced its fastest expansion in construction activity expansion for a year, supported by increases in worker numbers and purchasing. “The eurozone construction sector delivered mixed results in February as faster activity growth was accompanied by signs of a slowdown in demand,” said Eliot Kerr, economist at IHS Markit, which compiles the survey. “Despite […]

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The end for red diesel?

Various national media, including the BBC and the Financial Times, have reported that new chancellor Rishi Sunak will scrap the red diesel rebate in his budget statement next week. This will mean users of diesel powered construction machinery paying an extra 47 pence on every litre of diesel consumed. Red diesel the same as regular diesel but has […]

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