Industrial production down

INDUSTRIAL production in the UK fell by 0.4 per cent in January, official figures showed.

The drop came after a relatively strong performance in December.

Manufacturing output fell 0.9 per cent, according to the Office for National Statistics (ONS).

However year-on-year manufacturing output recorded its first rise since March 2008, up 0.2 per cent.

The ONS said that poor weather had been a factor in the monthly slump.