The ONS says manufacturing output is down by 1.4% but business lobbying groups say output is up. Who do you believe, and are we really in recession?
Yesterday the ONS figures rocked the Government and business community, eager for a ray of light amid Europe’s black storm clouds. Manufacturing production fell 1.4% in the three months to July and the construction sector’s fall was nothing short of depressing. On the same day, business group the CBI published its latest industrial trends survey,…
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