The brutal business conditions caused by recession could be over for UK manufacturers, according to the latest Industrial Trends Survey from the Confederation of British Industry (CBI).
In the CBI’s survey for May, 17% of 575 firms said they expect the volume of output to increase over the next three months, against 34% who anticipate a fall. The resulting balance of -17% is a marked improvement on the previous month (a balance of – 32%), and takes the measure back to where…
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