Economics
U.K. Economy Enjoys Bigger-Than-Expected Election Bounce
- Composite PMI jumps to highest since 2018, beating estimate
- Most of the survey data collected before coronavirus outbreak
Office workers sit inside an illuminated office building in London.
Photographer: Chris Ratcliffe/BloombergThis article is for subscribers only.
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The U.K. economy’s bounce since the general election is proving bigger than initially estimated, justifying the Bank of England’s decision to hold fire last month on monetary easing.