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Story summary
- UK manufacturers raised output in July for a fourth month, fastest in two years, while the S&P Global PMI slipped to 51.9, staying above the 50 threshold.
- New orders rose for eighth month, with exports to the US, Canada, EU, China, India and South Korea.
- Rob Dobson said the surge provides encouragement and a short-lived hiring pause, while Matt Swannell warned higher energy costs could make the second half difficult.
