Factory trade is worsening

Ben Southwood
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MANUFACTURERS in the UK are being clobbered in the double-dip recession, a survey from manufacturing organisation EEF and business advisers BDO claimed today.

Trading conditions were rated the worst for almost three years, driven by a sub-index for orders that dipped below zero for the first time in 10 quarters, the survey said.

Crisis-hit Eurozone economies have been behind much of the shortfall, but lacklustre domestic demand is failing to make up for the downturn.