Manufacturers upbeat but less bullish on prospects
MANUFACTURERS’ bullish expectations at the beginning of 2014 have eased back, leaving firms cautiously confident as they head into 2015, according to a new study.
The annual EEF/Aldermore Executive Survey shows optimism has been tempered by a hefty dose of realism, with those expecting UK economic conditions to improve almost halving from 70% to 37% this year.
The survey comes as latest output data shows UK manufacturing activity hit a three-month low in December.
The Markit/CIPS Purchasing ... For the full story register now for free or login below...