Jaguar Land Rover restart helps UK factories return to growth
by Phillip Inman from on (#716NQ)
S&P Global purchasing managers' index rises to one-year high amid pick-up in consumer spending
UK factories staged a recovery in October after the reopening of Jaguar Land Rover operations and a pick-up in consumer spending, according to a closely watched survey of the manufacturing sector.
The S&P Global purchasing managers' index (PMI) rose to a one-year high as business optimism improved and factory output expanded.
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