UK manufacturing shrinks at fastest rate since 1992
According to the Chartered Institute of Purchasing and Supply’s (CIPS) purchasing managers’ index, the UK’s manufacturing sector is now shrinking at the fastest rate since records began in January 1992. Last month the index fell to 41, the lowest reading ever and any reading under 50 indicates a contraction. The survey will no doubt increase fears that [...]
UK manufacturing shrinks at fastest rate since 1992
