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Factory slump drags UK economy close to stagnation in August – business live

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August’s PMI report shows that UK businesses are facing a slew of worries, from rising prices and slowing demand to the strike at Felixstowe port.

Dr John Glen, CIPS Chief Economist, explains:

Supply chain managers reported client reluctance to spend as the cost of living and the cost of doing business remained at elevated levels and…


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