Manufacturing Hits 14-Month Low as Private Sector Activity Stalls Under Reeves

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It’s more unhappy reading for the Treasury, as UK manufacturing PMI has hit a 14-month low of 46.9, a contraction for the fifth month in a row. According to S&P Global, the decrease in output and downturn in new orders has led to the steepest job losses since mid-2020.[…] Read the rest

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