UK economy shows resilience as car sales rise and manufacturing grows

5 articles · Updated · The Times · May 5

April new car registrations rose 24%, battery electric vehicle sales jumped 59.1%, and manufacturing PMI reached 53.7, a near four-year high.
Retail footfall recovered after a March dip, composite PMI rebounded to 52 from 50.5, and house prices rose 0.4% month on month, despite oil above $100.
Analysts warn Hormuz disruption is lengthening supplier delays and some demand was brought forward, while higher household energy bills from July could test growth later this year.

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