FX.co ★ UK Economic Activity Slows Down in November as Composite PMI Falls to 50.5

In a notable sign of deceleration for the UK economy, the S&P Global Composite Purchasing Managers' Index (PMI) recorded a decline in November. Falling from a robust score of 52.2 in October to 50.5, this latest reading marks a significant moderation in economic activity, approaching the neutral 50.0 threshold that separates expansion from contraction.

Released on November 21, 2025, the updated data points to a slowdown in growth across both the service and manufacturing sectors. The softening PMI indicates that while the UK economy is still growing, the pace has cooled considerably compared to the previous month, likely reflecting headwinds from global uncertainties and domestic challenges.

As businesses and market watchers digest this data, the focus will likely shift to potential policy responses and whether this trend will continue in the coming months. Analysts and decision-makers will be keenly observing further economic indicators and policy shifts that could stabilize or invigorate the UK's economic growth trajectory.