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UK facing rise in economic Misery Index; advertised salaries fall – business live

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Rollng coverage of the latest economic and financial news

Ouch indeed! Shares in SIG have tumbled 22% at the start of trading in London, after the building supplies firm’s profit warning this morning.

A slowdown in demand across parts of Europe has hit UK building supplies firm SIG.

Whilst we continue to see more robust demand in our Poland, Ireland and UK Exteriors businesses, Group sales overall were weaker than expected in May and June to date.

Continue reading…Rollng coverage of the latest economic and financial newsOuch indeed! Shares in SIG have tumbled 22% at the start of trading in London, after the building supplies firm’s profit warning this morning.A slowdown in demand across parts of Europe has hit UK building supplies firm SIG.Whilst we continue to see more robust demand in our Poland, Ireland and UK Exteriors businesses, Group sales overall were weaker than expected in May and June to date. Continue reading…