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British manufacturing suffers biggest drop in confidence since pandemic
Workers at a manufacturing company
CONFIDENCE in British manufacturing has suffered its biggest drop since the start of the pandemic, new research said today.
Analysts said the government’s “gloomy messaging” ahead of the government’s Budget had fuelled uncertainty in the sector.
The closely watched S&P Global UK manufacturing PMI survey recorded a reading of 51.5 for September, down from 52.5 the previous month.
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