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Following the EU referendum, there is considerable uncertainty as to how the UK economy will fare over the next few years, with many experts forecasting a recession in the building and construction industry. As with the market for building materials in general, it is expected there will be a marked impact on home improvement retailing, as householders cut back on spending on major projects. Banks may also be even more wary of lending money for significant home improvement projects, especially if lack of consumer confidence leads to a fall in house prices. Since many home improvement products are imported, a weak pound is likely to drive up prices of commodities from overseas and may impact on suppliers … Read moreRead More →