UK’s Covid recovery slows amid staff and materials shortages
Growth in private sector output slid to six-month low in August, says survey
Britain’s economic recovery from lockdown has slowed sharply in the past month despite the removal of most remaining pandemic restrictions, as businesses suffered the worst shortages of workers and materials since at least the late 1990s.
The latest snapshot from IHS Markit and the Chartered Institute of Procurement and Supply (Cips) showed growth in private sector outputslowed to a six-month low in August.
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