US EditionUK Economy Shows Early Signs of Recovery After ‘Awful April’
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UK economy shows early signs of recovery after ‘Awful April’
The UK economy looks set to recover from a torrid month for businesses in which higher energy costs and employment tax rises kicked into effect, fresh data has suggested. S&P Global’s latest flash purchasing managers’ index (PMI) showed that the UK’s services sector has seen moderate growth in output in May while contractions in manufacturing activity are easing. But suggestions that UK businesses have escaped the worst of extra cost pressures…
·London, United Kingdom
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