LONDON: British manufacturers’ output fell by the most in seven years last month as Brexit worries and weaker global demand choked off growth, a closely watched business survey showed.
Hours before the Bank of England is due to update its economic outlook, the monthly purchasing managers’ index (PMI) added to signs that the economy is at risk of slipping into recession as businesses battle falling demand from Europe and China and the risk of a disruptive no-deal Brexit.
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