No festive cheer as UK manufacturing growth prospects decline

Posted on 7 Dec 2015 by Callum Bentley

Britain’s manufacturers are enduring a difficult end to the year amidst the gathering gloom from the global economy according to a major survey published today by EEF, the manufacturers’ organisation and global law firm DLA Piper.

The survey shows significant weakening across most of the major components of the survey, confirming that after a big step forward in growth terms in 2014 industry has taken a step back this year. Concerns about world trade growth and the weakening demand from both developed and emerging markets have become more prominent, with a…

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