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The final reading of the S&P Global/CIPS manufacturing PPMI stood at 44.8 in October, down from an early estimate of 45.2. A reading of 50 or over signifies growth.
The UK’s manufacturing industry performed worse than expected in October, suffering from another month of falling output, declining new orders, and employment c
The UK's manufacturing sector is engulfed in the deepest downturn since the 2008 financial crisis as market uncertainty depresses activity.
London stocks had nudged into the red by midday on Wednesday as investors erred on the side of caution ahead of the latest policy announcement from the US Federal Reserve.
Pound Australian Dollar (GBP/AUD) Exchange Rate Drops on Weak UK Manufacturing Data