UKBusinessGrowth Archives - AssetSpree.com

Upbeat Beginnings: UK Economy’s Resilience Amidst Red Sea Headwinds

Vivian Njoroge12 months ago12 months ago05 mins

The UK economy has kicked off the year on a positive note, as revealed by the latest S&P Global/CIPS flash UK Purchasing Managers’ Index (PMI), signaling a promising start. The index, a closely monitored indicator of private sector activity, rose to 52.5 in January, up from 52.1 in December, marking the third consecutive month of…

How UK Companies Are Navigating Global Supply Chain Turmoil Despite Red Sea Ripple Effect

Dennis Gatheca12 months ago12 months ago05 mins

In January, UK businesses witnessed a notable upswing in growth, reaching a seven-month high, according to the S&P Global/CIPS flash UK Purchasing Managers’ Index (PMI). The influential index reported a reading of 52.5, up from 52.1 in December. This positive trend is primarily attributed to the robust performance of the service sector, which encompasses a…