New business growth across UK private sector jumps to 15-month high

From pmi.spglobal.com

Private sector activity in the UK expanded at a solid and faster rate in July, according to ‘flash’ PMI data, supported by the sharpest upturn in new business for 15 months and a strengthening of business confidence after a dip in June. Services activity growth accelerated slightly, while manufacturing output rose to the strongest degree since February 2022. The upturn encouraged firms to increase their staffing numbers at the quickest pace for 13 months, while future activity expectations came close to matching February’s two-year peak. Average prices charged at private sector companies rose at the slowest ... (full story)