UK manufacturers remained under heavy pressure in the quarter to January, with output, orders, capacity utilisation and investment all weakening, according to the CBI.
Output fell across most sub-sectors, while new orders declined at their fastest pace since July 2020.
Cost pressures stayed elevated despite some easing, employment continued to fall, and firms plan to cut investment.
Output fell across most sub-sectors, while new orders declined at their fastest pace since July 2020.
Cost pressures stayed elevated despite some easing, employment continued to fall, and firms plan to cut investment.