Latest Breaking News On - Trading communications - Page 1 : comparemela.com
last month s purchasing managers index a measure of the health of the economy was 10.9. the figure was well below the 50.3 economists had forecast. faltering activity in the uk was mirrored in the eurozone, where the index fell to a 33 month low of a7. both figures will be closely monitored by bank of england and ecb policymakers ahead of their next interest rate decisions. joining me now is chris williamson, chief business economist at s&p global market intelligence. s&p global is the company behind the pmi data. good to see you. does this mean the uk is heading into a recession? mat uk is heading into a recession? not a recession uk is heading into a recession? iirrt a recession yet, but certainly a downturn. the figures are consistent with the economy contracting midway through the third quarter. we have seenin through the third quarter. we have seen in ice growth the spring after the problems of last autumn with the trust budgets and so forth, but business has pick
UkBank-of-englandInterest-ratesBusiness-activityPressureHomeUsWorkMoreProblemSkyscraperLandlordsHome prices have been propped up by a lack of housing which still forces buyers to bid higher. global stocks head for their worst month in nearly a year. broker aj bell says that the benchmark indices in the us, europe and china, have shed 2.8 trillion dollars in august so far. after a bumper start to the year, chinese economic data and surging us borrowing costs have dented investor confidence. online adverts for the retailer boots promoting four brands of infant formula on google broke advertising rules, according to the uk watchdog. in britain, it is against the law to advertise infant formula for babies up to six months because it might discourage breastfeeding. boots apologised and said the adverts have been removed. the uk s energy regulator has fined morgan stanley £5.11 million for failing to record trading communications. ofgem said the us bank failed to keep records of messages about energy market deals sent via whatsapp betweenjanuary 2018 and march 2020. it said the rules
UsHousingAj-bellStocksHome-pricesIndicesBlackBuyersEuropeChina12-8-trillion-dollars12-8-trillion