Manufacturing bears brunt of confidence crash

Posted on 15 Aug 2011 by The Manufacturer

Two reports released today suggest that business confidence in the UK is declining while BDO warns that exports are now ceasing to cushion manufacturing

The monthly Business Trends optimism index from accountancy firm BDO as well as figures from the Chartered Institute of Personnel and Development show the expectations of job cuts are on the rise. The BDO optimism index fell from 95.6 in June to 95.1 in July, its lowest level since January. The optimism index compiles the…

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