U.K. Manufacturers Cutting Jobs Points to Outlook Concerns

U.K. manufacturing grew at a sluggish pace last month and employment fell for the first time in more than two years, indicating concern among executives about the outlook.

In its monthly report published in London, Markit Economics said its factory index slipped to 51.5 from a revised 51.6 in August, where a reading above 50 indicates growth. A measure of new orders slipped to match the weakest pace this year.