Summary
The Bank of England's decision to spare businesses a further rise in interest rates proved to be a crumb of comfort for manufacturers this week.
Faced with a strong pound and sky-high raw material costs, the sector is again showing worrying signs after tentative recovery hopes at the turn of the year.See the full content of this document
Extract
Recovery Looking Fragile
Proving that life in the manufacturing sector is rarely straightforward, the good news about interest rates came on the same day that official data showed a sharper than expected decline in output for February.
It pr...See the full content of this document
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