News in Review Wednesday 27th October 2021 - HCR IFA
News in Review Wednesday 27th October 2021

News in Review Wednesday 27th October 2021

A closely monitored survey, released last week, suggests the UK economy unexpectedly regained momentum during October. The preliminary reading of the IHS Markit/CIPS Composite Purchasing Managers’ Index (PMI) rose to 56.8, up from 54.9 in September. This represents the largest monthly increase since May and beat the consensus forecast in a Reuters poll of economists which had predicted a decline to 54.0.