France, Germany and Austria are especially hard hit, as British factory owners cut jobs and investment
Business live – latest updates
Europe’s manufacturers suffered a slump in demand last month with “no sign of a recovery”, as UK factory owners also reported a slowdown in orders.
Manufacturers across the eurozone reported a decline in demand for their goods in November, with France, Germany and Austria especially hard hit, according to the S&P Global purchasing managers’ index (PMI).
More Stories
Majority of Australians think China will be world’s most powerful country by 2035, poll finds
Europe will never return to Russian gas, European Commission insists
Oil and gold prices soar and stock markets fall after Israel’s attacks on Iran