February 4, 2026 – London Fresh business surveys released Wednesday indicate the UK economy gained momentum at the start of 2026, though cost pressures remain elevated.
The Purchasing Managers’ Index showed expansion across manufacturing and services. Analysts attribute gains to improved supply chains and stable consumer demand.
However, input costs continue to weigh on smaller firms. “Growth is encouraging, but margins are tight,” said economist Laura Bennett.
The data provides cautious optimism for policymakers balancing inflation and growth.
