#business-output

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fromLondon Business News | Londonlovesbusiness.com
19 hours ago

Service output fell at steepest rate since September 2022 amid higher costs - London Business News | Londonlovesbusiness.com

The UK's post-summer economic rebound has been short-lived, according to the latest Business Trends report from business advisory and accountancy firm BDO LLP. BDO's Output Index declined to 98.53 in September, down from 101.21 in the previous month and falling below the 100-point threshold which represents long-term average growth levels over the past 15 years. After exceeding 100-points in August for the first time in over three years, September's decline signals that UK business momentum has once again stalled.
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