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January's manufacturing purchasing managers' index (PMI) will be unveiled on Friday.

British manufacturing appeared to end last year on a positive note as the manufacturing PMI climbed above 50, to 51.4, for the first time since April 2012. That recovery was driven mainly by a pick-up in domestic demand, whilst export orders contracted.

Victoria Cadman, economist at Investec, judges that the UK PMI will stand little changed, with a forecast of 51.1.

Friday 1 February

Trading statements

BT Group, Tate & Lyle, Electrocomponents, Acal.


ORA Capital Partners, Ablon Group.


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