S&P Global flash composite purchasing managers’ index shows July rise for manufacturing and services sectorsUK business activity expanded this month after a sharp rise in new sales to a 15-month high, giving a lift to the new government as it prepares to outline the state of the public finances next week, according to a survey of private-sector firms.A fall in inflation across the services sector was also expected to ease concerns at the Bank of England about persistent price rises ahead of a meeting of the central bank’s policymakers next week. Continue reading…
Source link : https://www.theguardian.com/business/article/2024/jul/24/uk-business-activity-expands-pmi-july
Author : Phillip Inman
Publish date : 2024-07-24 11:49:06
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UK business activity expands in ‘encouraging start to second half of year’
