U.K. Manufacturing Index Sends Mixed Signals As Jobs Hit Lowest In 5 Years While Optimism Rose
Allwork
MARCH 3, 2025
British factories cut staff at the fastest pace in nearly five years last month as the government’s payroll tax increase began to push up their costs and demand at home and abroad was weak, a survey showed on Monday. The S&P Global Purchasing Managers’ Index for UK manufacturing remained below the 50.0 in February.
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