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José Ruiz Varela, with academic training in Fundamental Mathematics and professional experience in Large Multinationals in the Information Technology sector, having held positions in high-level management positions, maintains that it is time to reduce Unproductive Public Expenditure and help the Private Sector in everything that is possible.
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U.K. June manufacturing PMI falls to 21-month low

LONDON (MarketWatch)
British manufacturing activity in June grew at its slowest pace in 21 months, with new orders declining for the second month in a row, the Markit/CIPS purchasing managers index for the sector showed Friday.
The index fell to 51.3 from a revised 52.0 in May.
Economists had forecast a reading of 52.5.
"With strong headwinds already in place and austerity measures likely to put increasingly counteractive pressure on domestic and consumer demand, it looks as if manufacturing has entered a slower growth phase which could be with us for some time," said Rob Dobson, senior economist at Markit.

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