UK private sector growth slows due to business caution ahead of Budget

Growth in the UK’s private sector has slowed as businesses and customers braced for the Budget, according to new figures (Victoria Jones/PA) - (PA Archive)

Growth in the UK’s private sector has slowed as businesses and customers braced for the Budget, according to new figures.

The S&P Global flash UK composite purchasing managers’ index (PMI) reported a reading of 50.5 in November, slipping from 52.2 in October.