Firms are being urged to take advantage of strong overseas sales by identifying markets to export to, as official figures from the Office for National Statistics have confirmed the fall in output for the manufacturing industry over the last few months reported recently by the major private surveys.
Overall manufacturing output was down by 0.8 per cent last quarter compared with January to March. The biggest contributors to the drop was food, drink and tobacco, which fell 1.6 per cent, and ‘other manufacturing industries not elsewhere specified’, which was down 4.4 per cent Nigel Bailey, Relationship Director for the Manufacturing Sector at Barclays…
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