As business surveys trigger worries over a UK growth slowdown, should we be concerned? Ben Brettell is senior economist at Hargreaves Lansdown, says Yes. Last week’s Purchasing Managers’ Index (PMI) figures certainly point to a deceleration in economic growth, although it should be noted that, despite a modest fall in September, the PMI for the services sector (responsible for two-thirds of GDP) is still well into expansionary territory. Collectively, [...]
