UK Factory Orders Fall Less: CBI
2025-01-23 11:20
By
Joana Taborda
1 min. read
The Confederation of British Industry's monthly net balance of new orders increased to -34 in January 2025 from a four-year low of -40 in December 2024, in line with expectations.
“In comments to the survey, several firms noted concern that negative sentiment risks becoming self-fulfilling.
The government can play a role in re-booting confidence by sending clear signals of intent on policies that could support the manufacturing sector, notably delivering an industrial strategy that helps the UK win the global race for growth, matching skills to economic needs, and accelerating our energy transition and resilience”, Ben Jones, Lead Economist, CBI, said.