‘Weakest since the global financial crisis’ – Brexit gloom laid bare in ‘terrible’ manufacturing report

UK manufacturers are expecting the steepest decline in orders for a decade over the next three months, as Brexit uncertainty and global growth worries take their toll, according to a report. A survey by the CBI business group found that manufacturers are also planning to invest at the lowest rate since the financial crisis. The report laid bare the scale of pessimism among firms as output in the sector continued to contract in the three months to October – marking...

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