Tag UK

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British GDP grows more than expected in November

According to the Office for National Statistics (ONS), U.K. gross domestic product (GDP) rose 0.1% in November, exceeding economists’ expectations for a 0.2% decline in November from October. According to the data, the U.K. economy contracted by 0.3% in the…

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UK services PMI falls for the third month in December

The S&P Global/CIPS UK Services Purchasing Managers’ Index (PMI) rose to 49.9 in December, its highest reading since September (48.8 in November). The PMI index remains below the 50 mark, suggesting that UK services sector activity continued to contract in…

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