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Sunday 09th of January 2011

News Tag: 16-year high

January 4, 2011

UK manufacturing activity hits 16-year high

by Kay Murchie
”UK
The Chartered Institute of Purchasing and Supply (CIPS)/Markit manufacturing purchasing managers’ index (PMI) has today revealed UK manufacturing activity surged at a record pace in December. The closely-watched CIPS/Markit manufacturing PMI rose to 58.3 in December from November’s revised reading of 57.5. Not only was the reading the highest since September 1994, it confounded analysts expectations of a reading of 57. Furthermore, the ...



December 2, 2010

Young jobless numbers surge

by Kay Murchie
”Young
A report by the Prince's Trust and the Royal Bank of Scotland (RBS) has found that the number of young people claiming unemployment benefit has soared - costing the economy £155 million a week. The number of 16 to 24-year-olds claiming jobseekers allowance escalated from 5,840 in 2008 to 25,800 this year, according to the report. The latest figures means the youth jobless rate is ...



December 1, 2010

UK manufacturing activity surges in November

by Kay Murchie
”UK
The Chartered Institute of Purchasing and Supply (CIPS)/Markit manufacturing purchasing managers’ index (PMI) has today revealed UK manufacturing activity surged at a record pace in November. The closely-watched CIPS/Markit manufacturing PMI rose to 58 in November from an upwardly revised 55.4 in October. Not only was the reading the highest since September 1994, it confounded analysts expectations of a reading of 54.6. ...



October 14, 2008

UK inflation reaches 16-year high

by Kay Murchie
”UK
According to official figures, UK inflation hit 5.2% in September, the highest level since March 1992, and more than twice the Government’s target of 2%. Higher food and energy costs this year have been blamed for the surge in inflation this year. The Office for National Statistics said the annual rate of inflation for energy and other household bills reached 15% - the highest ...