Total orders descend back in March as firms put off investment and stockpile goodsBritain’s manufacturers are in despair at the failure of politicians to end the Brexit deadlock,according to the CBI, which reported a drop in output in March as businesses lop back production.
Export order books increased among the 358 manufacturers in the survey, and supported by the low level of sterling,but this was cancelled out by a decline in domestic demand to leave the industry in a weakened position ahead of a decision in parliament on Brexit.
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Source: theguardian.com