Britain’s Industrial Sector Slammed By ‘Lethal Cocktail’ Of Constraints ...Middle East

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Britain’s Industrial Sector Slammed By ‘Lethal Cocktail’ Of Constraints
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Britain’s factories are already in recession sparked by demand receding as the country’s economy slumps, a closely watched survey out today reveals. S&P Global and the Chartered Institute of Procurement and Supply’s (CIPS) purchasing managers’ index (PMI) inched higher to 46.5 last month from 46.2 in October. Despite the slight rise, the survey remained far below the 50 point threshold that separates growth and contraction, meaning the UK’s manufacturing has now shrunk for several months in a row. Businesses are…

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