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The number of UK manufacturing businesses shrank by 10 per cent last year, while turnover also fell by 9.2 per cent, according to figures from the Office for National Statistics (ONS).
© Provided by Xinhua Manufacturers linked lower production to a reduction in new work intakes. The level of new business declined for the fourth month
Roundup: Surveys show downturn in UK economy-
Manufacturing continues ‘to feel an autumnal chill in September’ for a third month in a row amid inflation ....
The UK’s manufacturing sector has been tipped into a third monthly contraction as new order intakes decline, an influential survey has found.