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Evening Standard
Evening Standard
Business
Alex Daniel

British businesses grow at slowest rate in 11 months amid Budget uncertainty

Budget Rachel Reeves United States Chris Williamson
The private sector has been hit by pre-Budget uncertainty, a survey showed (Dominic Lipinski/PA) - (PA Wire)

Activity across the UK’s private sector slipped to an 11-month low in October, amid growing business uncertainty ahead of the Autumn Budget.

The S&P Global flash UK composite purchasing managers’ index (PMI) reported a reading of 51.7 in October, down from 52.6 in September.

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