London Business News | Londonlovesbusiness.com
6 months agoLondon
Output and new business growth reach four-month highs
The NatWest London PMI Business Activity Index rose to 53.8 in October, indicating a solid expansion in output that was the fastest since June.
New business drove the rise in activity, with companies attributing the growth to acquiring new customers and launching new products.
Despite stronger demand conditions, firms in London signaled a drop in confidence towards the year-ahead outlook in October. [ more ]