Subscribe to our newsletter
Mood darkens for UK's smaller manufacturers, consumers stoic

Mood darkens for UK's smaller manufacturers, consumers stoic

Optimism among smaller British manufacturers tumbled to a three-year low in July, hit by a slowing global economy and the Brexit crisis at home, although consumers remain relatively upbeat, surveys on Wednesday showed.

  • Shared by Reuters
  • July 31, 2019
share this article

The Confederation of British Industry’s (CBI) gauge of optimism among small- and medium-sized (SME) manufacturers fell to -28 from -12 in April, its lowest level since July 2016, just after Britain voted to leave the European Union. 

Read more at Reuters

Receive the latest Financial Accountant news,
opinion and features direct to your inbox.

related articles