UK Businesses Show Tentative Signs of a Turnaround, PMI Survey Suggests
British businesses might be at a turning point with the manufacturing sector showing signs of a recovery and inflation pressures receding, but caution is still weighing on firms ahead of next month's government budget, a survey showed on Friday.The preliminary UK Composite Purchasing Managers' Index published by S&P Global, covering the services and manufacturing sectors, sped up slightly to 51.1 this month from September's 50.1 which was barely above the 50 threshold for growth."October's flash UK PMI survey brings hope that September was a low point for the economy from which business conditions are...
To Read Full Story Login Below.
Submit comment or question
Note: All comments are displayed with user's screen name. If screen name is not present, user's full name will be used. Please go to My Account to update your screen name.
Comment Policy: Urner Barry has made the comment feature available to encourage further discussion of our news stories. Defamatory or offensive comments, or comments deemed not relevant to the story will be removed, and if necessary, Urner Barry may restrict the right of individual subscribers to offer comments. In all cases, comments represent opinions of the poster only, and do not represent fact, news, opinions or estimates put forward by Urner Barry.
Email Address is required. Password is required.