ALEX BRUMMER: Encouraging message to be drawn from April national output data is that it is the nadir, and economy can only get better By Alex Brummer for the Daily Mail Published: 22:02 BST, 12 June 2020 | Updated: 22:02 BST, 12 June 2020 The collapse in national output by 25 per cent, reached at … Read more
Britain’s manufacturers suffer worst drop in output and employment since records began nearly 30 years ago – outstripping the figures seen during the global financial crisis IHS Markit/CIPS purchasing managers’ index fell to a record low of 32.6 in April Prime Minister Boris Johnson has vowed to get the country’s economy moving The reading is … Read more
Election jitters sent economy into reverse: Output fell 3% in November, latest figures show By Lucy White For The Daily Mail Published: 21:50 BST, 13 January 2020 | Updated: 21:50 BST, 13 January 2020 The economy slammed into reverse ahead of the General Election as political uncertainty hammered business. Output fell by 0.3 per cent … Read more
The huge impact of the Covid-19 pandemic on Britain’s economy is starting to emerge, fresh data revealed today. With the services and manufacturing sectors thrown into deep freeze, output in both sectors has fallen off a cliff. The closely-watched Markit/CIPS Flash UK Composite Purchasing Managers’ Index fell to a new record low of 12.9 – … Read more
Genedrive shot up more than 150 per cent this week after it said it could ‘quickly’ ramp up production of its coronavirus test. The diagnostics firm has been discussing with suppliers its plans to increase output to 10,000 new kits per hour. This would make the product ‘a material revenue generator for the company and … Read more