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via rttnews.comEconomy

UK private sector growth strengthens in October

FROM THE WIRE · RTTNEWS.COM

The UK private sector activity grew the most in eight months in October, supported by the sharpest rise in new work since September 2024, purchasing managers' survey data from S&P Global showed Friday.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishStronger PMI data supports sterling and UK equities, though the impact is ordinary flow.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01UK private sector activity grew at the fastest pace in eight months in October.
  2. 02New work rose at the sharpest rate since September 2024.
  3. 03The data come from S&P Global's purchasing managers' survey.

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