The speed at which the manufacturing industry is shrinking slowed slightly in October, according to a closely watched PMI survey.
Weak demand on British shores and overseas has led to fewer orders for manufacturers, the report said
Weak demand on British shores and overseas has led to fewer orders for manufacturers, the report said. Rob Dobson, director at S&P Global Market Intelligence, said: “The UK manufacturing downturn continued at the start of the final quarter of the year, meaning the factory sector remains a weight dragging on an economy already skirting with recession.
It suggests businesses are looking to shore up cash as they report having spare capacity from taking on less new work and clearing backlogs, the survey found.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Robert De Niro testifies at trial resulting from lawsuit by his ex-assistantMs Robinson worked for De Niro between 2008 and 2019.
Weiterlesen »
Robert De Niro testifies at trial resulting from lawsuit by his ex-assistantMs Robinson worked for De Niro between 2008 and 2019.
Weiterlesen »
Live Blackpool traffic and delay updates on Tuesday, October 31Follow the updates below for all the latest and breaking news affecting traffic, travel and more across the seaside town
Weiterlesen »
Daily Horoscopes: October 31, 2023Read your daily horoscope for October 31, 2023, and find out what the stars have in store for your zodiac sign. Discover opportunities, surprises, and guidance for your journey.
Weiterlesen »
Horoscopes for Today: Tuesday, October 31, 2023Read the horoscopes for today and find out what the stars have in store for you. Discover opportunities, surprises, and guidance for your journey.
Weiterlesen »