Survey finds manufacturers expect 2015 will be worst year for growth since 2009,with interest rate rise likely to hit exportsBritain’s manufacturers expect 2015 to be their worst year for growth since 2009 and next year will be puny better, according to a survey which highlights the dilemma that the Bank of England faces as it considers whether to raise interest rates.
A survey by the EEF, and the manufacturers’ association,found that only car companies and chemicals firms remained buoyant while the rest of the manufacturing sector warned it expected output and employment to stagnate. Related: UK manufacturing growth slows in November Continue reading...
Source: theguardian.com