Britain’s economy supported by continuing strong manufacturing output

Britain’s economy supported by continuing strong manufacturing output
 

Production lines churned out more goods for customers in America, the Middle East and Europe, according to a closely watched snapshot of industry activity. 
The Markit/CIPS manufacturing purchasing managers’ index dipped slightly from October’s 54.2 reading to 53.4, but was still well above the 50 mark denoting growth. 
The update on manufacturing, which generates about 10 per cent of GDP, came as the CBI forecast a £208 billion boost to the UK economy over the next decade from improving productivity around the country. 
The business lobbying group said this value could be added by bringing... read more

 
Friday, 07:32 in Business, Views: 38
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