In a quarterly Industrial Trends Survey conducted by the CBI, results released this week show that manufacturers are slowly losing hope in the prospect for a sustained recovery.
For the first time in the past two years, optimism among UK manufacturers fell. The last time sentiment within the industry fell was in July 2009 – the lowest point of the recession. Respondents to the survey reported that although growth was still above the long-run average, the rate of growth was again slower than…
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