UK factory output plunges at fastest pace on record, says CBI
by Larry Elliott Economics editor from on (#54W5D)
Motor vehicles and transport equipment sub-sector leads decline during lockdown
The output of factories has fallen at its fastest pace on record during Britain's three-month lockdown, according to the latest snapshot of activity from the CBI.
The employers organisation found no evidence in its monthly industrial trends survey that the recovery in high street and online spending had fed through into higher demand for manufactured goods.
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