UK manufacturing shrinks at fastest pace in over three years after Brexit vote - PMI

By Ana Nicolaci da Costa LONDON, Aug 1 (Reuters) - British manufacturing shrank at its fastest pace in more than three years in July, a survey showed on Monday, adding to signs that the country's vote to leave the European Union is hurting growth. The data could give the Bank of England more impetus to cut interest rates on Thursday, after it surprised markets by holding fire in July but said most of its policymakers were leaning towards stimulus in August. The Markit/CIPS UK manufacturing purch