The UK services industry fared less poorly than was initially feared, according to the IHS Markit final PMI survey released on Wednesday although economists say the influential baromter is still underestimating the likely pace of expansion in the fourth quarter.
December 4,2019
The UK construction industry remained mired in a downturn in November, according to the latest IHS Markit PMI survey, with uncertainty over the December election outcome leading to inertia in client boardrooms that's hit overall activity in the sector.
December 3,2019
The IHS Markit Manufacturing PMI for November confirmed the slump being experienced by the sector extended, however the data came in on the stronger side of expectations.
December 2,2019
A survey of UK businesses shows that confidence has reached its highest since the start of 2019, thanks to an improved assessment of the impact of Brexit on business prospects.
November 29,2019
The UK economy looked to have been in reverse gear in November, with the first ever set of flash PMIs from IHS Markit showing the dominant services sector contracted.
November 22,2019
The UK economic outlook received another knock Thursday after Office for National Statistics (ONS) figures revealed a surprise fall in retail sales for last month, further imperilling an already-bearish consensus that suggests the UK will grow at its slowest pace since the financial crisis this year.
November 14,2019
Inflation figures for the month of October highlighted benign consumer price pressures on Wednesday and led some economists to warn of an interest rate cut from the Bank of England (BoE) in the first half of 2020, although others say the bank's window for a reduction in borrowing costs has already passed.
November 13,2019
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