UK manufacturing growth slows as shipping delays hit exports, PMI shows

British manufacturing activity growth slowed last month from May’s 22-month high as ongoing disruption to shipping in the Red Sea contributed to lower demand from overseas customers, according to a survey released this week.

S&P Global’s UK Manufacturing Purchasing Managers’ Index dropped to 50.9 in June from 51.2 in May. The final reading was lower than 51.4 in the provisional June data.

S&P said the broad picture was positive, with output and new orders both rising...