‘Toxic’ recession continues

Posted on 27 Apr 2010 by The Manufacturer

The recession has created a toxic environment for business in construction and manufacturing, according to a report from Lord John Eatwell and published by the Chartered Management Institute.

CMI’s Economic Outlook report, which tracks business confidence amongst the UK’s senior executives, reveals that the recession is still negatively impacting on 86% of construction and manufacturing businesses, and shows that job insecurity is at record levels. Despite signs of fledgling economic recovery, 48% of managers maintain that their business operations remain severely hampered by…

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