Brexit stockpiling keeps manufacturers busy - News Summed Up

Brexit stockpiling keeps manufacturers busy


Export business fell for the second month in a row Danny Lawson/PABritish factory orders increased last month as domestic businesses stockpiled goods and parts in advance of Brexit, which offset falling demand from overseas. Analysts expressed caution as a closely watched survey showed growth in the manufacturing sector at its weakest levels in two and a half years. Export business fell for the second consecutive month, the first time this has happened since early 2016, amid continuing uncertainty about Brexit. Theresa May’s withdrawal agreement with the European Union goes to a parliamentary vote next week. Defeat would raise the prospect of a disorderly no-deal Brexit, which industry leaders say would lead to…


Source: The Times December 03, 2018 12:00 UTC



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