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Manufacturing fell in March, although fears the UK economy is entering a recession may be premature as inflation eased and average supplier lead times
Pound US Dollar Exchange Rate News: GBP/USD Climbed Despite OPEC Announcing Crude Oil Production Cuts | Currency News UK
London markets closed on Monday with a mixed performance, with energy stocks among the major gainers after the weekend’s announcement from OPEC.
Foreign demand for UK manufactured goods has contracted for the 14th month in a row, according to the latest Purchasing Managers Index published this morning. Falling new export orders in March are “a significant drain on demand” according to Rob Dobson of S&P Global Intelligence, who put together the survey,…
Pound Euro (GBP/EUR) Exchange Rate Rangebound as UK Manufacturing Sector Slumps | Currency News UK