Rolling coverage of the latest business and markets news after business activity jumped in JulyUK private sector output growth hits five-year highUK retail sales bounce back in June close to pre-coronavirus levelsCoronavirus – latest updatesSee all our coronavirus coverage 2.52pm BST DATA FLASH: US manufacturing and services PMIs for July have come in lower than forecast. The US services sector contracted in July, with the PMI reading coming in at 49.6. While that’s better than June’s 47.9, it fell short of a Reuters poll which expected a reading of 51.0. 2.33pm BST Wall Street has opened for trading and US stocks have followed European and Asian markets into the red: Continue reading…
Via: UK business activity grows at fastest pace in five years after lockdown eased – business live
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