UK PMI composite ticks up to 48.6, recession cannot be ruled out

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<p>UK PMI Manufacturing saw a modest uptick, moving from 44.3 to 45.2 in October. In contrast, Services sector edged downwards, marking a 9-month low, albeit by a marginal decrement from 49.3 to 49.2. Composite PMI slightly climbed, positioning at 48.6 from a previous 48.5. According to Chris Williamson, Chief Business Economist at S&#38;P Global Market [&#8230;]</p>
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