Confidence Plunges Across UK Manufacturing Sector ...Middle East

The latest S&P Global’s UK Purchasing Managers’ Index (PMI) shows that UK manufacturing’s woes have deepened. S&P Global’s latest PMI survey, which asks around 600 industrial companies about their performances, suggests that manufacturing is again in the downturn following a poor start to the year.  The latest figure showed that it decreased to 44.9, which was slightly better than the figure of 44.6 that economists had predicted.  This was the lowest reading in 17 months, compared to an average of 51.7…

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