Qualified advisers answering your
Financial Questions
call 0800 092 1245

UK manufacturing slows in November

The Purchasing Managers Index (PMI), a prominent indicator of the manufacturing industry, fell from 53.4 in October to 51.8 in November amid signs of a slowdown in the UK manufacturing sector. When you add this together with the slowdown in the services sector, expected slowdown in the property sector and a lack of overall liquidity in the money markets the signs are there for a further slowdown in the UK in 2010.

It appears that the doomsday scenario of a short rally towards the end of 2009 and then a further fall in 2010 could well be coming true. However, if you look at the recent political indicators the Labour Party has closed the gap on the Conservative Party with a new-found confidence emerging amongst UK votes and UK consumers. Whether this sudden surge in popularity for the Labour Party, on the back of what is seen as a more stable economy, continues towards the end of 2009 and into 2010 is a very pertinent question.

Many people believe that the Labour Party has an opportunity to retain control of parliament at the next election if it is able to at least "give the impression" that the UK economy has recovered and has turned the corner.

Share this..

Related stories

Financial Guides

Financial Calculators

Our useful calculators can help you get your finances in order:

Latest News


Helpful new tax year facts that could affect you and your money

Blog | Seven helpful new 2016/2017 tax year facts that could affect you and your money. Our recent online blog shares a brief outline on how to stay up to date.

Read more

Useful Links

Popular Searches

Please Enter More Details

Enter More Details