01-12-2016 13:41 via uk.news.yahoo.com

UK factory growth cools as weak pound fuels cost pressures - PMI

By Andy Bruce LONDON (Reuters) - British manufacturing growth cooled unexpectedly in November as factories grappled with soaring costs caused by sterling's slump after June's Brexit vote, even before this week's jump in oil prices. Britain's economy has performed much better than expected since June's vote to quit the EU. Wednesday's 10 percent surge in crude oil prices - after OPEC and Russia agreed to restrict production - pushed the dollar cost of oil close to levels not seen in 18 months, an
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