Construction output down 4.8% - Wales Online: "Construction continued to struggle across the UK over the course of the past 12 months and shrank by 4.8 per cent, according to the latest figures from the Office for National Statistics (ONS).
The data shows construction contracted from May 2012 to May 2013.
The ONS figures have also revealed the sector remained flat with zero growth from April to May this year.
The news comes as house building giant Persimmon has launched a scheme to help potential buyers by offering the chance to purchase a property with a 5% deposit backed up by a 20% equity loan from the firm."
Propping up house prices with their own money? How does the FCA feel about that?
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