Small and medium-sized UK manufacturers saw a rise in the volume of output in the three months to July, but business optimism fell sharply amid ongoing uncertainty. That’s the finding of the CBI’s latest quarterly SME trends survey.
There was also rise in employment in the past quarter, with the expectation that hiring will remain stable over the next. Total new orders and new domestic orders were relatively unchanged, although firms expect these to fall over the coming three months highlighting the need for action to raise confidence, according…
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