UK business growth hits 11-month low as Omicron chills service sector

UK business growth hits 11-month low as Omicron chills service sector - short news


Hospitality, leisure and travel businesses feel impact of Covid variant in January

The UK economy grew at its slowest pace in almost a year in January as hospitality, leisure and travel businesses felt the impact of the Omicron variant.

The monthly flash PMI (purchasing managers’ index) estimate of activity from IHS Markit and the Chartered Institute of Procurement and Supply reported a two-speed recovery with an easing of supply-chain bottlenecks for manufacturing offset by..


Read more on The Guardian

source: The Guardian - 24.01.2022

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