Peter Tom, who is executive chairman of Breedon Aggregates, also said that the general outlook for construction in the UK looked more positive now than it did at this time last year.

‘The decline in construction output appears to be levelling out and there is no doubt that a sustained recovery in the housing market is already underway,’ he said.

He added that fears about the economy sliding back into recession had receded and some confidence appeared to be returning to the sector.

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