Article 5JH9 UK exports orders hit by sterling strength and eurozone crisis

UK exports orders hit by sterling strength and eurozone crisis

by
Larry Elliott Economics editor
from Economics | The Guardian on (#5JH9)

CBI industrial trends survey is the latest piece of evidence to suggest that the economy is growing less quickly than in the second half of 2014

Order books for UK factories have stagnated as the strong pound and the protracted weakness of the eurozone affect demand for British goods overseas.

The CBI said in its monthly health check of industry that export order books stood at their lowest in more than two years following a sharp fall in March.

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