The CBI’s latest Growth Indicator shows growth in the three months to April is holding up at around the average pace since mid-2014.
Solid growth in the service sector compensated for a poorer performance in manufacturing, which has been hit by weak export orders and the rising pound. Firms again expect growth to pick up over the next three months, although optimism has continued to decline slightly since the turn of the year. The Growth Indicator, derived from…
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