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Britain Slows in Slump

 By the Daily Bell

Growth fears as UK manufacturing slows sharply … Export orders for Britain’s manufacturers have collapsed at their fastest rate in almost three years, a key survey has found, raising fresh fears about the state of the economy. Manufacturing output expanded for the fifth consecutive month in April, but at the weakest pace since December. Poor export orders pulled activity in the UK’s key manufacturing industry down to its slowest rate of growth in four months in April, according to the closely- watched purchasing managers’ index (PMI), as companies reported fewer orders across the board – from Europe, the US and Asia. Foreign demand for British goods has now deteriorated for two of the past three months as export orders dropped at their fastest pace since May 2009. The sharp decline in exports caused total new order books to shrink for the first time in five months. – UK Telegraph

full article at source:http://www.thedailybell.com/3847/Britain-Slows-in-Slump

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Author: machholz

I started this Blog to get out of my system the absolute rage that I have for the corrupt politicians and their Banker Buddies. I’m an ordinary guy, married with kids, and have firm opinions of what is right and what is wrong. I’m not afraid to say it even when it makes me unpopular. I reproduce news all manner of articles, but will always confirm the source of the articles; this is a compliment to the source of such news pieces. But if you do not agree with this and you are the original author, I will take down any article when requested to do so. I do not assume that the author of the news articles share with my views, I include news articles to give readers another slant to my views or to illustrate what the mainstream news media say on the relevant topic. The opinions expressed are my own but I do not accept liability for them, If I have offended you or made a factual error please put on record the truth by leaving a comment. In addition, my thoughts and opinions change from time to time...I consider this a necessary consequence of having an open mind. This weblog is intended to provide a semi-permanent point in time snapshot and manifestation of the various memes running around my brain, and as such any thoughts and opinions expressed within out-of-date posts may not the same, nor even similar, to those I may hold today. For the record I am currently an Independent political activist and am not affiliated to any political party

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