Mubasher: The UK manufacturing sector recorded the highest level in four years in November, beating expectations, backed by strong demands.
The IHS Markit/CIPS UK manufacturing purchasing managers’ index (PMI) rose to 58.2 points in November, the highest level since August 2013, from 56.6 points in October.
This PMI was the tenth best record in nearly 26 years, IHS Markit noted on Friday.
By 12:46 pm GMT, the GBP/USD inched down to $1.35.
