Jaguar Land Rover Shutdown Worsens UK Factory Slump, PMI Shows

British factories suffered the sharpest decline in production for six months, as the temporary shutdown of Jaguar Land Rover’s factories added to the sector’s woes.

S&P Global said the manufacturing purchasing managers’ index slipped to 46.2 in September, down from 47 the previous month. It was in line with economists’ expectations and confirmed the flash reading.