UK manufacturers suffer further drop in orders, CBI survey shows

Demand in January fell faster than in December although companies are keener to invest and recruit

UK manufacturers have suffered a further drop in orders this month, according to a poll that suggests the slowing global economy is hurting demand for exports.

The latest snapshot of industry from the CBI showed order books deteriorated again in January, at a faster pace than December and more sharply than City economists had been predicting.

Manufacturing production and order books showed signs of stabilising but limited signs of export recovery https://t.co/cAeQMOziy2