End to Brexit chaos cannot come too soon for factories | Larry Elliott – AuthenticAfrican

Posted on by Larry Elliott

The US-China trade war is also having an impact on manufacturing worldwide

The shockingly bad snapshot of industry from IHS Markit and the Chartered Institute of Procurement and Supply puts Britain on recession alert. It doesn’t mean that a recession will inevitably materialise.

For that to happen, the poor performance of manufacturing would have to be matched by that of the service sector – and, so far at least, it hasn’t been.

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