UK PMI

Much-watched monthly PMI data suggests the UK economy shrunk only slightly in February, which would be a far better outcome given the overwhelming expectation for the economy to post another sharp decline in economic activity.

A sell-off in the British Pound ahead of the weekend accelerated on the release of data that showed the UK economy suffered a significant slump in January.

The UK Economy appears to have returned to growth in December according to the latest flash PMI data from IHS Markit, but stockpiling could be flattering the numbers.

A survey of the UK economy in October points to a rapid slowdown in activity in the wake of fresh regional lockdowns.

A survey of the UK economy covering the September period showed the rebound continues apace, even if it had slowed since August and was a little softer than market consensus had been expecting.