UK businesses put plans on hold before Reeves' budget, PMI shows
NeutralFinancial Markets

- UK businesses are putting their plans on hold as they await Chancellor Rachel Reeves' budget announcement, according to recent PMI data. This reflects a broader trend of caution among firms in the face of economic uncertainty.
- The hesitation among businesses highlights the significant influence of government fiscal policy on corporate decision
- This situation is compounded by consumer sentiment, with surveys indicating that UK consumers are also bracing for potential economic changes, suggesting a widespread concern about the financial outlook.
— via World Pulse Now AI Editorial System




