UK business activity falls the most in September since early 2021

UK composite PMI drops to 49.1 in September (Prev: 49.6) Consumer confidence shaken by cost of living crisis UK private car registrations down 3.6% Britain’s new prime minister had a rocky start to office LONDON, Oct 5 (Reuters) – Britain’s private sector economy suffered the biggest contraction in activity last month since the COVID lockdown … Read more

Analysis: the crisis in the United Kingdom forces “shifted” companies to suspend their investments

Nervous companies abandon their investment plans The mini-budget forced borrowing costs higher Leaders want stability, not tax cuts LONDON, Oct 18 (Reuters) – British business owners are withdrawing investments as a crisis sparked in Westminster drives up borrowing costs and undermines confidence in an economy once seen by businesses as a haven of stability. Businesses … Read more