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UK: Output growth accelerates in December, led by sharpest rise in new business for 14 months
December data indicated that business activity growth across the UK private sector economy regained momentum, supported by the strongest upturn in new work since October 2024. Cutbacks to staffing numbers persisted, however, with employment decreasing for the fifteenth successive month. Stronger inflationary pressures were signalled at the end of 2025. Input costs increased sharply and at the fastest pace since May. At the same time, prices charged inflation rebounded to the highest seen since August. The headline seasonally adjusted S&P Global Flash UK PMI® Composite Output Index registered 52.1 in December, up from ... (full story)