UK manufacturing woes deepen as industry ‘hit on several fronts’ April 1, 2025 The latest S&P Global’s UK Purchasing Managers’ Index (PMI) shows that UK manufacturing’s woes have deepened. S&P Global’s latest PMI survey, which asks around 600 industrial companies about their performances, suggests that manufacturing is again in the downturn following a poor start to the year. The latest figure showed that it decreased to 44.9, which [...]
UK economy continues recovery as services sector hits highest level of growth in a year May 3, 2024 The UK services sector saw a spike in new orders in April but cost pressures also increased at the fastest rate since August.