UK manufacturing recovery picked up pace in December as demand grew

The S&P Global UK manufacturing PMI survey was 50.6 in December, up from 50.2 in November (Peter Byrne/PA) - (PA Wire)

The UK’s manufacturing sector grew at the fastest pace in 15 months in December, as the impact of uncertainty about the autumn Budget and the Jaguar Land Rover cyber attack began to fade, a new survey shows.

The S&P Global UK manufacturing PMI survey, watched closely by economists, showed a reading of 50.6 in December, up from 50.2 in November.