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flag UK manufacturing hits nine-month low in November, PMI drops to 48.0, signaling continued contraction.

flag UK manufacturing hit a nine-month low in November, with the PMI dropping to 48.0, signaling a second month of contraction. flag The decline stems from weaker domestic and international demand, delayed investments, and rising geopolitical tensions. flag The recent UK budget, which includes £40 billion in tax hikes, has also contributed to budget reassessments. flag Supply chain issues have worsened, with longer delivery times and rising costs, creating an uncertain outlook for manufacturers.

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