BRUSSELS (dpa-AFX) - The pound dropped against its major counterparts in the European session on Tuesday, following the release of weaker-than-expected private sector activity for May.Flash survey
LONDON (dpa-AFX) - The UK private sector continued to expand strongly in May, though the pace of growth eased from April's one-year high as the downturn in the manufacturing sector deepened, flash
The UK private sector expanded for the third successive month in April to the strongest level in a year, driven by a sharp upturn in the services economy, while manufacturing remained in the contraction zone, flash survey results from S&P Global showed on Friday.