New data from IHS Markit suggests that British households have become increasingly pessimistic regarding the long-term economic prospects following last year’s vote to leave the EU. The March poll, conducted by Ipsos MORI, showed the proportion of people expecting the UK economy to fare better over the next ten years falling to 29%, down from…
The UK manufacturing sector remained solid at the end of the first quarter of 2017, with the Markit/CIPS Purchasing Managers’ Index. recording 54.2 in March (54.5 in February) having remained above the neutral mark of 50.0 for the eighth successive month. The latest PMI reading compared favourably to its long-run trend (51.6) although sector data…