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flag UK manufacturing PMI drops to 45.4 in April, showing severe contraction and sharp export declines.

flag UK manufacturing faced severe contraction in April, with the PMI dropping to 45.4, indicating declines in orders, employment, and confidence. flag Export business declined sharply, especially in the US, Europe, and China, due to rising global market pressures, supply chain issues, and trade uncertainties. flag Costs have surged, leading to higher selling prices and cutbacks in non-essential spending.

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