UK Services stagnate, pointing to recession

Business
UK Services stagnate, pointing to recession 4th September 2019. The IHS Markit Purchasing Managers Index (PMI) has today shown that the UK services sector is stagnating with growth in the sector having almost stalled last month. This points to the
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Construction industry output drops to a decade low

Business
Construction industry output drops to a decade low 4th September 2019. Credit Managers who supply to the construction industry will want to take note of the latest market data. The UK construction industry is contracting and combined with the latest
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Services growth sees recession fears recede

Business
Services growth sees recession fears recede. 7th August 2019. Britain’s strong services sector unexpectedly jumped up in July, stronger than expected services growth means the economy looks set to avoid an immediate recession (hard Brexit aside), offering a boost after
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Manufacturing output falls to seven-year low

Business
Manufacturing output falls to seven-year low Key findings UK Manufacturing PMI at 48.0 in July (unchanged). Output, new orders and employment fall again Businesses forecast output to be higher in one year’s time The Purchasing Managers’ Index compiled by research
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Manufacturing Sector Saw A Disappointing December

Business
Manufacturing Sector Saw A Disappointing December 3rd January 2018. A slowdown in consumer spending last month pushed UK manufacturing to a disappointing year-end. IHS Markit’s manufacturing purchasing managers’ index (PMI) reported that while there was some growth within the manufacturing sector
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