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Commercial construction increased markedly in October, mainly in London, where a new change, a new shopping mall near by St. Paul, was opened.

Sarah Ledger, an economist at the investigation of the Markit, compiler said: "If the UK construction industry managed a record growth in October, it seems that the current boom has peaked."

She said manufacturers reported that clients are wary on the impact of reductions in public expenditure and the health of the economy, with slowing the area highlighted by another month of job cuts.

David Noble, Director General of the Institute accredited shopping & Supply, said: "this data are particularly annoying given the whip kick construction sector gave to the growth of GDP last quarter... great hopes for the beginning of the year seems to have given way to dire predictions on what the future may hold."

Within three months of September, ONS data revealed a surge in construction have helped drive GDP, increased in the third quarter and to contribute to 0 0 General 8pc output expansion 2pc 4pc.

Ms. Ledger said forward-looking construction is likely to have less than a positive impact on the GDP in the third quarter.

A breakdown of data show activity in the sectors of civil engineering and housing fell in October.

However, commercial construction increased considérablement.Ceci has been translated in the city of London where the month last work recommenced on skyscraper stored in the recession, as the buildings Cheesegrater and talkie walkie, and a new shopping mall, a new change, was opened.

New orders has continued to increase in October, although at its own pace slow in 8 months and businesses remain optimstic on business in the course of the coming year.

"Nevertheless, confidence remains low in the context of historical data as participants were cautious about the potential impact on the activity result from reductions in spending of the Government," said the investigation.

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