UK companies rebound in March ahead of lockdown lifting - PMI

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British businesses saw a strong rebound in orders in March as they prepared for the relaxation of coronavirus restrictions this month, and ramped up their hiring for the first time since the pandemic struck, a survey showed.

FILE PHOTO: People walk across Millennium Bridge with the City of London financial district seen behind, amid the coronavirus disease pandemic, in London, Britain, January 20, 2021. REUTERS/Hannah McKay

Two thirds of services firms, which have typically been hit hardest by the lockdowns, expected business to increase over the year ahead, the most positive reading since the end of 2006.

 

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Why isn't anyone actively reporting in the IMO fuel scandal? Or shipping corruption, or the fishing industry, oceans destruction or the final nail deep sea mining. The lack of in depth, sustained and focused media attention on such serious global matters makes one wonder, why?

The shift in percentage is just marginal compared to Feb and March. But lockdown relaxation and vaccination drive should bring in a significant change in economic growth.

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'However, the final reading was a little lower than a preliminary estimate of 56.6.' Another undershoot.

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Lifting lockdown brings surge of activity for UK companies - PMIA deluge of new orders swept through British businesses in April as the country lifted some of its COVID-19 restrictions, according to a survey on Friday that pointed to a rapid rebound for the pandemic-hit UK economy.
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