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UK manufacturing business optimism improves at the strongest pace since 2014 - CBI
The survey of 300 manufacturing firms reported that business optimism improved significantly in the quarter to January, at the fastest pace since April 2014. Meanwhile, export sentiment continued to fall, but was noticeably less gloomy compared to last quarter. Investment intentions also improved following particularly glum expectations in October, with a record proportion of firms expecting to authorise capital expenditure in order to expand capacity. But a record proportion of manufacturers were concerned that a shortage of labour could constrain investment spending over the year ahead. The improvement in ... (full story)
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