UK manufacturing growth slows; Kellogg to split in three; Elon Musk’s US recession warning – as it happened | Business

UK manufacturing growth slows; Kellogg to split in three; Elon Musk’s US recession warning – as it happened | Business

Elon Musk: US recession more likely than not in near term Tesla chief executive Elon Musk has warned that the US economy could soon fall into recession. In an interview with Bloomberg News at the Qatar Economic Forum in Doha this morning, Musk said it appears “more likely than not” that the US economy enters…

Read More
UK and US manufacturing slows; eurozone inflation hits 8.6%; petrol at new record – as it happened | Business

UK and US manufacturing slows; eurozone inflation hits 8.6%; petrol at new record – as it happened | Business

UK manufacturing loses more steam as output growth grinds to near-halt Output growth at UK manufacturers ground to a near standstill in June, the latest sign that the economy is slowing as consumers cut back. The closely-watched S&P Global / CIPS UK Manufacturing PMI report has also found that business optimism hit a two-year low…

Read More