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Construction PMI: Construction activity reaches two-year high despite funding challenges

According to the latest PMI data by S&P and CIPS, the headline construction PMI for May rose slightly to 54.7, up from 53 in April and continuing the upward trend for the third consecutive month, and the highest level of activity since June 2022. 

Kelly  Boorman, Tom Pugh

06 Jun 2024

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Leading audit, tax and consulting firm RSM UK’s debt advisory team has helped pharmaceutical manufacturer Wockhardt UK secure a total funding package of £20m from NatWest to enable further modernisation of facilities and investment in key strategic projects to drive future business growth.
Ashley Suter
06 Jun 2024
According to the latest PMI data by S&P and CIPS, the headline construction PMI for May rose slightly to 54.7, up from 53 in April and continuing the upward trend for the third consecutive month, and the highest level of activity since June 2022. 
Kelly  Boorman, Tom Pugh
06 Jun 2024
Research from leading audit, tax and consultancy firm RSM UK has found that almost all media businesses surveyed* (99%) have made redundancies over the past 12 months. Despite this, more than half (60%) have found recruitment challenging over the past year.
Mandy  Girder
05 Jun 2024
Robyn Duffy, senior analyst for consumer markets at RSM UK comments on today’s results from Inditex, the Spanish textile conglomerate and owner of Zara: 'Inditex has experienced a slowdown in sales for the first quarter, when compared to last year.'
Robyn Duffy
05 Jun 2024
Today’s ONS quarterly M&A statistics show a decline in UK mergers and acquisitions (M&A) activity. But the market should start to recover soon as investor confidence cautiously returns, says RSM UK.
James Wild
04 Jun 2024
Today’s World Semiconductor Trade Statistics (WSTS) show strong projections for growth in the global semiconductor market of 16% in 2024, reaching an estimated market valuation of $611bn, and 12.5% in 2025, reaching a value of $687bn.
Ben  Bilsland
04 Jun 2024
Leading audit, tax and consulting firm RSM UK has appointed Rob Pullen as private client tax partner, covering London and the South East region. 
Gary Heynes, Suze  McDonald
03 Jun 2024
Despite a slight blip falling to 49.1 last month, the manufacturing PMI has returned to growth at 51.2, reaching its highest level since July 2022. 
Mike  Thornton
03 Jun 2024
Leading audit, tax and consulting firm RSM UK has appointed Alex Fraser as a director to head up its people and change offering within its consulting practice. 
Alex Fraser, Joel Segal
30 May 2024
Robyn Duffy, senior analyst for consumer markets at RSM UK comments on today’s results from Dr Martens: 'Dr. Martens' poor FY24 results come as no surprise to investors.'
Robyn Duffy
30 May 2024