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Evening Standard
Evening Standard
Business
Anna Wise

UK manufacturing growth slows but hiring strongest for two years

Growth in the UK’s manufacturing industry has slipped to a five-month low (Jaguar Land Rover/PA) - (PA Media)

Growth in the UK’s manufacturing industry has slipped to a five-month low as smaller firms came under more pressure – but hiring activity picked up at the fastest pace in two years, new figures show.

The S&P Global UK manufacturing PMI survey, watched closely by economists, showed a reading of 51.7 in August, down slightly from 51.9 in July.

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