CBI’s snapshot of sector reveals strong pound and jitters over global growth are likely to dent factory outputUK manufacturers possess reported the weakest overseas demand for their goods for nearly three years as they grapple with a strong pound and a weaker global economy.
The latest snapshot of factory order books and output from the CBI also showed companies expected output to topple over the coming three months – despite it having picked up in recent weeks, the business group reported. Related: UK manufacturers urge George Osborne to maintain spending on innovation Continue reading...
Source: theguardian.com