BERLIN, Aug 1 Reuters Germany39;s manufacturing sector contracted in July for the first time in over two years, hurt by a deepening slump in new orders that darkens the outlook for Europe39;s largest economy, a survey showed on Monday. SP Global39;s final Purchasing Managers39; Index PMI for manufacturing, which accounts for about a fifth of […]

LONDON, Aug 1 Reuters British manufacturing output and new orders declined in July at the fastest rate since May 2020, as factories across Europe struggled with rising costs and slowing demand, a survey showed on Monday. The SP GlobalCIPS UK Manufacturing Purchasing Managers39; Index PMI fell last month to 52.1 from 52.8 in June, revised […]

LONDON, Aug 1 Reuters The Bank of England says it will act forcefully if needed to stop the surge in inflation from turning into a longterm problem, meaning it could deliver a rare halfpercentage point interest rate rise as soon as this week. Here are some of the things that Governor Andrew Bailey and his […]