All the updated news related to chartered institute of procurement

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Economy continues to weaken, influential report finds

The UK’s economic growth has fallen to a 20-month low so far in September, as the cost of living affects households and the mourning period for the Queen weighed on activity. According to a closely watched survey, the services and manufacturing ...

23 Sept 2022 at 10:49

Construction industry shrinks for first time in 18 months

UK construction firms have seen activity in the sector decline for the first time since January 2021 due to pressure from soaring costs and higher interest rates, according to new figures. The closely watched S&P Global/CIPS construction ...

04 Aug 2022 at 11:58

Surging inflation leads to sharp slowdown in UK service sector

The UK service sector suffered its worst performance for more than a year last month as rocketing inflation dragged on consumer demand. The closely-watched IHS Markit/CIPS UK services PMI survey scored 53.4 in May, tumbling from a 58.9 ...

07 Jun 2022 at 11:38

City

Manufacturing grows as supply chain disruption eases

The UK’s manufacturing sector has grown at its fastest pace in seven months as demand rose and supply chain delays and raw material shortages eased, according to data. The closely followed IHS Markit/CIPS Purchasing Managers’ Index ...

01 Mar 2022 at 11:25

Construction sector continues growth as price increases ease

The rapid cost increases in the construction sector showed further signs of easing off in February after months of heavy rises, according to new survey data. Builders reported they were still facing problems in supply chains, and ...

04 Mar 2022 at 11:25

Rising costs hit orders for UK construction firms

Rising costs and economic worries started to restrict growth in the UK’s construction sector last month, but businesses are still expanding, new data show. An influential survey found that the increased prices that companies are ...

06 May 2022 at 11:25

Manufacturing growth slows as Brexit and cost-of-living problems weigh

The expansion of the UK’s manufacturing sector slowed to a seven-month low as inflation ate into household spending and exports dropped in part due to Brexit. According to an influential survey, the sector struggled to keep up ...

01 Jun 2022 at 11:29

Construction companies see six-month highs in rising costs

Rises in construction costs soared back to six-month highs in March after briefly dipping in February. According to a well-respected survey of construction businesses around the country, February had seen a nearly year-low in ...

06 Apr 2022 at 11:55

City

Manufacturing growth slows to worst point in 13 months

Manufacturing in the UK is doing worse than at any point for the last 13 months, as exports suffered and the war in Ukraine made buyers more cautious, an influential survey has found. After hitting a three-month high in ...

01 Apr 2022 at 11:25

Service sector bounces back in January as Omicron curbs ease

The recovery of the UK service sector regained momentum last month as Omicron coronavirus restrictions and case numbers eased back, according to new figures. The closely-watched IHS Markit/CIPS UK Services PMI survey ...

03 Feb 2022 at 11:55

Factory slump drags UK economic growth to 18-month low

UK private sector growth has slowed to a new 18-month low after factories were hit by “waning customer demand”, according to new data. The closely followed S&P Global/CIPS flash UK composite purchasing managers ...

23 Aug 2022 at 11:23

City

Service sector recovers in December but stops short of growth

The UK’s services sector continued to struggle in December, but almost managed to get back into neutral territory, according to an influential survey. The sector saw its best performance since September, and ...

05 Jan 2023 at 10:48

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Related keywords
chartered institute of procurement & supply
cips
cost of living
economy
growth
inflation
interest rates
manufacturing
pmi
purchasing managers’ index
s&p global market intelligence
services

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