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Latest NatWest Regional PMI® data showed a nationwide collapse in business activity in April as a result of the coronavirus disease 2019 (COVID-19) pandemic and subsequent lockdown, with the survey revealing record contractions in output and employment across all areas of the UK.
The outbreak of coronavirus disease 2019 (COVID-19) and associated public health measures to contain the disease severely disrupted business activity across all areas of the UK in March, latest NatWest Regional PMI® data showed. There were widespread job losses as firms scaled back operations amid efforts to realign capacity with demand and reduce costs.
According to the latest Royal Bank of Scotland Report on Jobs, permanent staff appointments declined for the first time since last October in February, amid reports of candidate shortages and muted demand for staff.
London continued to lead UK regional growth in February, according to the latest NatWest Regional PMI® report.
Digital and in-store experiences will be part of ‘recipe of success’ in attracting consumers as new decade will also see revival of small independents on UK high streets, according to new report from NatWest and Retail Economics.
Nine out of 12 regions recorded higher business activity in January, up from just one in December, according to the latest NatWest UK Regional PMI®.
According to the latest Royal Bank of Scotland Report on Jobs, permanent staff appointments continued to rise during January. Notably, the increase was the fastest in the current three-month sequence of expansion and solid overall.
London continued its recent outperformance of the UK economy in December, topping the regional rankings for output growth and job creation, according to the latest NatWest Regional PMI®.
Permanent placements growth in Scotland remains marginal in December.
London leads regional growth for output, new orders and employment according to latest NatWest Regional PMI® report
London was the leading UK area for output growth and job creation in November, according to the latest NatWest Regional PMI®. However, as was the case in October, the majority of areas recorded decreases in both activity and employment during the month.