The UK’s economic downturn has worsened in October, with growth in the private sector slowing to a 21-month low.
Output declined for the third month running, following a period of political turbulence that has dragged on the financial markets.
The S&P Global/CIPS flash UK composite purchasing managers index (PMI) showed a reading of 47.2 in October; below September’s 49.1 reading.
