UK manufacturers face an unwelcome outlook according to the CBI which has announced predictions of significant falls in activity over the next few months.
For the second consecutive quarter, sentiment about the general business situation and export prospects has fallen. Ian McCafferty, chief economic adviser at the CBI, said in a statement: “This fall in sentiment is the sharpest we have seen since the height of the recession in the middle of 2009. This lack of confidence among manufacturers…
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