Ey Item Club

The Purchasing Managers Index (PMI) has revealed a contraction in activity within the services sector in September. This revelation completes a trio of PMI's which showed a decline in activity across services, manufacturing and construction sectors at the end of the third quarter of the year.

New car sales rose by 1.3% year-on-year in September, marking the first increase since February, however, this has not mitigated a continuous slow in the industry.

The Purchasing Managers Index (PMI) for September has revealed that the British manufacturing sector is still struggling.

Building activity has fallen at the second-fastest rate since April 2009, new figures have revealed.

EY ITEM Club has revealed that mortgage approvals fell and consumer credit growth slowed in August. UK Finance reported that mortgage approvals for house prises eased back to back to 42,576 in August from a 29-month high of 43,303 in July, whilst annual net unsecured consumer credit growth edged bac

UK public finances saw a rare recent improvement in August as the budget deficit (measured in terms of PSNBex) dipped modestly to £6.4 billion from £6.9bn in August 2018, according to EY ITEM Club.