Factory orders fell far further than forecasts in July, but Robin Johnson, partner and head of the industrial engineering group at international law firm Eversheds, says the manufacturers he speaks to are confident
The manufacturing industry slowdown continued in July with British factory orders falling to -10 this month, further than the -2 that had been forecast. Price pressures hit their lowest point in the last 1-1/2 years and according to the CBI, optimism dropped. Mr Johnson comments: “While the figures indicate deterioration in confidence, from an anecdotal…
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