Advertisement

BCC: 'Robust' manufacturing fails to boost UK growth

From BBC - October 12, 2017

Despite progress in the manufacturing sector, the UK economy grew at a muted rate in the third quarter of 2017, says the British Chambers of Commerce (BCC).

It says the number of manufacturers reporting improved domestic sales and orders rose in the quarter to their highest level since early 2015.

Export sales and orders in the sector also improved, said the BCC.

But in services, domestic sales and orders remained static, as did the sector's employment expectations.

The BCC says its survey also shows the prevalence of recruitment difficulties facing UK businesses, which worsened further during the quarter, it says.

Almost three-quarters of manufacturers reported difficulties hiring staff, and in services, the percentage rose to its highest level since early 2016.

'Action needed'

Advertisement

Continue reading at BBC »