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Evening Standard
Evening Standard
Politics
Anna Wise

UK business growth ‘slowed to a crawl’ due to war in Middle East, survey shows

War in the Middle East has stalled growth across the UK’s private sector, the latest PMI survey shows (Danny Lawson/PA) - (PA Archive)

War in the Middle East has stalled growth across the UK’s private sector as companies pin “lost” business on soaring energy prices, longer wait times for raw materials, and more cautious customers, according to a new survey.

Manufacturers have particularly come under pressure this month from a steep increase in costs including fuel, transportation and raw materials.

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