UK Survey Shows Business Activity Rebounds in August

September 5, 2016 10:41 AM

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Business activity in Britain rebounded in August, injecting some optimism into the debate on how Britain is faring after the seismic vote to leave the European Union.

The measure of activity, the purchasing managers' index, jumped to 53.2 points, reversing a record fall to 47.4 in July experienced after the June 23 referendum. The index is on a 100-point scale, with figures above 50 representing growth. It's compiled by research firm IHS Markit and the Chartered ...

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