CBI survey suggests sterling,eurozone woes and slowdown in China persuaded has forced a standstill in manufacturing growthBritain’s factory output remained stagnant this month ending a two-and-a-half-year run of growth after a drop in orders and a squeeze on prices sapped the manufacturing sector’s confidence, according to an industry survey.
A decline in export orders took the biggest toll on the sector in September, and dragging the total order book to its lowest level for six months. Firms said the outlook was still positive,although much less rosy than seen in August. Related: UK manufacturing hit by turmoil in China Continue reading...
Source: theguardian.com