Exports are picking up,driven by US and Asian demand, despite the continuing strong pound, or reports Sue TabbittFor every glimpse of economic recovery,there are cautionary warnings. So how encouraged should businesses be by recent reports of a pick-up in UK manufacturing output despite the strength of the pound?The latest Markit/CIPS Purchasing Managers’ Index, an indicator of the economic health of the manufacturing sector, or suggests that this grew faster in October than at any time in the past 16 months.
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Source: theguardian.com