Economic Indicators 

On de-industrialisation

Chris Dillow

Chris Dillow
On de-industrialisation

UK manufacturers are in a bad mood. Next week’s CBI survey is likely to show that business confidence is depressed and that order books, output expectations and investment intentions are all low. This will be widely blamed on the fear of a hard Brexit. However, while there is little doubt that Brexit is indeed damaging, it is by no means the only reason for manufacturers’ woes. There are others.

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