According to Jinshi, PMI data showed that British business growth slowed this month and price pressures weakened, which may prompt the Bank of England to consider another interest rate cut. Chris Williamson, chief business economist at S&P Global Market Intelligence, said that the survey showed a welcome combination of growth and easing inflationary pressures, suggesting that the British economy will have a soft landing. The biggest concern for businesses is related to the uncertainty of the budget on October 30, when the new finance minister Reeves will announce his first tax and spending plan. Investment projects will be put on hold until the new government's policies are clear.