Britain’s economy sinks into deep-freeze as output plummets

The huge impact of the Covid-19 pandemic on Britain’s economy is starting to emerge, fresh data revealed today.   With the services and manufacturing sectors thrown into deep freeze, output in both sectors has fallen off a cliff.  The closely-watched Markit/CIPS Flash UK Composite Purchasing Managers’ Index fell to a new record low of 12.9 – … Read more