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Construction projects slow in first part of 2012

Construction output has fallen at its fastest rate in three years, dropping 4.9% to £7.8bn in the first half of 2012.

The decline, which is being partly blamed on the double-dip recession, comes amid hopes that the sector would stimulate growth in the economy.

BBC Radio 5 liveWake Up To Money asked Stephen Ratcliffe, the Director of the UK Contractors Group, which represents 30 of the biggest UK construction companies, what had gone wrong.

To listen to other 5 live interviews, please visit the Best Bits page.

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