Article 4KQYC UK factories facing biggest slowdown since financial crisis, says CBI

UK factories facing biggest slowdown since financial crisis, says CBI

by
Larry Elliott and Kalyeena Makortoff
from on (#4KQYC)

Brexit fears and slow global growth have hit output in manufacturing sector

A double whammy of Brexit uncertainty and a slowdown in global trade has seen order books in Britain's factories shrink at their fastest pace since the financial crisis, the CBI has said.

Urging the next prime minister, confirmed on Tuesday as Boris Johnson, to strike a deal with the EU, the employers' organisation said industrial output also fell in the latest quarter, for the first time since the spring of 2016.

Related: Weary firms gear up to hit the Brexit pause button - for a second time

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