UK industry sentiment deteriorates as cost pressures rise: CBI survey

UK manufacturing output volumes were broadly unchanged in the quarter to April, with 14 out of 17 sub-sectors reporting lower volumes, an industry survey found.
Manufacturers expect output to marginally fall in the three months to July.
Domestic orders fell across the quarter, as did the volume of new export orders.
The total volume of new orders is expected to drop in the three months to July.Read More