Business View: 'Fast Growth' Surprise for Manufacturing Bosses

Summary


A report by purchasing managers seems to indicate the UK manufacturing sector moved ahead last month at its fastest pace in nearly a decade. Tell that to company bosses and they are likely to gave you a strange look.

If there is a breakthrough then it is customers slightly opening the vice-like grip they have on their suppliers and agreeing to accept some of the price increases being borne by those suppliers.

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Extract


Business View: 'Fast Growth' Surprise for Manufacturing Bosses

The closely-watched CIPS Purchasing Managers' Index, which draws together a series of separate indices to measure overall activity,...

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