finance
UK Business Activity Declined in May for First Time in Over a Year
A survey showed UK business activity fell in May for the first time in more than a year. Domestic political uncertainty and effects from the Middle East war contributed to the decline.
May 21, 4:44 AM·1m read1 source
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UK business activity declined in May for the first time in more than a year, according to a survey of purchasing managers. The decline reflects domestic political uncertainty and the effects of the Middle East war.
The PMI figures showed the drop in activity.
The data covers private sector companies.
Domestic political uncertainty added to the fallout from the Middle East war. The combination of these elements led to the first decline in more than a year.
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