Article 38K45 UK manufacturing order books at strongest level since 1988, CBI says

UK manufacturing order books at strongest level since 1988, CBI says

by
Larry Elliott Economics editor
from on (#38K45)

Global demand for British goods and weak pound bring sharp improvement in both total and export order books

Order books for Britain's factories are at their strongest for almost 30 years as the weak pound and global growth bolsters demand for manufactured goods.

In a boost to the chancellor on the eve of the budget, the CBI's monthly health check of industry showed a sharp improvement in both total and export order books.

Related: UK budget deficit widened unexpectedly, but factory orders rise - business live

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