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flag UK economy slowed in September, with manufacturing contraction and weak growth, driven by high inflation and declining confidence.

flag Britain's economy slowed in September, with the Composite PMI falling to 50.1—the lowest in five months—driven by a 12th consecutive month of manufacturing contraction and weak service sector growth. flag Production and new orders declined for over a year, while business and consumer confidence hit record lows, with 62% of consumers believing the economy is worsening. flag High inflation, especially in food expected to reach 6% by year-end, and rising costs are prompting households to cut spending and delay major purchases, while firms reduce investment and jobs amid uncertainty over the upcoming Autumn Budget.

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