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UK manufacturers expect output to rise in the first quarter of 2024 and selling price expectations hit the weakest in two years in December, data from the Confederation of British Industry showed on Tuesday.
Output in the UK manufacturing sector stabilised in December, but orders remained subdued, according to a survey released on Tuesday.
London's financial markets showed resilience on Tuesday, maintaining positive momentum despite the usual holiday slowdown.
The Bank of England left interest rates on hold at 5.25% on Thursday, as widely expected.
Order books for manufacturing firms fell to their weakest level since early 2021, quashing hopes of a recovery in the sector.