Conservative rightwingers were calling for tax cuts after figures showing budget deficit for July was lower than forecast ...

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Factory slump and cost-of-living squeeze puts UK economy on course to shrink

Britain's economy looks on course to shrink during the current quarter and risks falling into a recession, as a survey on Wednesday showed a slump in factory output and broader weakness in the face of ...

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FTSE 100 Live: Shares surge as PMI data suggests BoE hikes are slowing economy

FTSE 100 up 64 points at 7,294 UK flash PMI data comes in lower than forecast Weak oil price holds back oil majors 10.25am: Not as bad as made out?

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'Heightened recession risks' as economy on course for contraction, report warns

He added: "Companies are reporting reduced orders for goods and services as demand is increasingly hit by the cost-of-living crisis, higher interest rates, export losses and concerns about the ...

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Factory slump puts UK economy on course to shrink in Q3 - S&P Global

Since then it has defied widespread forecasts of recession but has grown slowly. Chris Williamson, chief business economist at S&P Global Market Intelligence, said the PMI pointed to a 0.2% fall in ...

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