David Beaumont

Private sector employment in the South West has grown at the fastest pace in over two years

Private sector employment in the South West grew at the fastest pace in over two years in August, according to the latest Lloyds Bank Regional Purchasing Managers’ Index (PMI®).

The South West PMI recorded its highest reading in four months after climbing to 54.3 in August, up from 54.0 in July. The rate of expansion was also slightly faster than the UK average (54.0). A PMI reading...