UK manufacturing sector continues to expand
The UK manufacturing sector continued to expand last month, according to the latest figures, boosting hopes that the economic recovery is proceeding at a faster pace than previously anticipated.
European manufacturing resumed expansion in October to 54.1 from 53.7 last month, exceeding economists' estimates of 53.2, while services eased to 53.2 compared with 54.1 a month earlier and median projections of 53.7.