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READ MOREUK business activity hits three-month high in October
Business activity in the UK hit a three-month high in October, outstripping earlier estimates and indicating that the economy remains on an upward trajectory ahead of a crucial Bank of England decision on interest rates.
The IHS/Markit composite purchasing managers’ index was 57.8 last month, up sharply from the 54.9 recorded in September and above the earlier “flash” reading of 56.8 for October. Any reading above 50 indicates the majority of respondents reported growth in activity.
Read more at Financial Times UK
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HMRC letter to Support Scheme grant recipients
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