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UK’s Covid recovery slows amid staff and materials shortages

Growth in private sector output slid to six-month low in August, survey finds

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Britain’s economic recovery from lockdown has slowed sharply in the past month despite the removal of most remaining pandemic restrictions, as businesses suffered the worst shortages of workers and materials in decades.

The latest snapshot from IHS Markit and the Chartered Institute of Procurement and Supply (Cips) showed that growth in private sector output slowed to a six-month low in August.

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