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Highlights from the IHS Markit UK PMI release:...>

UK
UK: Highlights from the IHS Markit UK PMI release:
- "Output volumes fell as intakes of new work contracted at the fastest pace for
over seven years, while business optimism dropped to a series-record low."
- "The downward movement in the headline index was centred on an accelerated
contraction in new work, which decreased to the greatest extent in 85 months."
- "Ongoing global trade tensions, slower world economic growth and Brexit
uncertainty were all mentioned by manufacturers as factors contributing to
reduced overseas demand. There were reports that some EU-based clients were
routing supply chains away from the UK due to Brexit. "

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