Business output hits four-year high

A surge in services sector spending, alongside AI and defence-related manufacturing, pushed business output to its highest level in more than four years, while business optimism has also strengthened, according to the latest Business Trends report from accountancy and advisory firm BDO LLP. BDO’s Output Index climbed to 100.46 in October, up from 97.37 in…

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Business output declines as inflation rises

A business trends report from BDO has revealed that business output fell for the second consecutive month, indicating a persistent slowdown in the pace of growth in overall activity across the UK economy. Despite the decline recorded in overall output, the Services Output Index rose from 98.05 to 98.29 in February. This reading suggests the…

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