Orders are picking up both at home and abroad, according to the Confederation of British Industry’s latest Industrial Trends Survey, but profits are threatened by cost pressures.
For the three months to April, 34% of 439 UK manufacturers said total orders rose, while 23% said they fell. A rounded balance of +12% is the first growth in this area since January 2008. Exports are leading this resurgence with a balance of +20% – the best since 1995 – although a balance of…
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