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06/02/2012 08:30 AST
Confidence among British small-scale manufacturers declined for a third consecutive quarter during the three months to January, reports said Monday citing a survey by the Confederation of British Industry (CBI).
CBI's quarterly SME Trends survey revealed that manufacturers' sentiment regarding the general business conditions fell due to decrease in domestic as well as export orders. The ongoing concerns regarding the Eurozone debt crisis have also exacerbated the situation.
"The manufacturing sector is still facing significant headwinds, which can only add to existing uncertainty over demand and growth," Lucy Armstrong, Chair of the CBI's SME Council, was quoted as saying.
RTT News
| Ticker | Price | Volume |
|---|
| Index | Closing | Change |
|---|---|---|
| NIKKEI 225 | 36,581.76 | -251.51 (-0.68 |
| DAX | 18,699.40 | 181.01 (0.97 |
| S&P 500 | 5,626.02 | 30.26 (0.54 |
04/12/2025
US President Donald Trump with Crown Prince Mohammed bin Salman of Saudi Arabia during an arrival ceremony at the White House in Washington, Nov. 18, 2025. So far, the president's energy strategy has
Khaleej Times
04/12/2025
Turkish inflation eased to 31.07% annually and 0.87% month-on-month in November, both below expectations due to food prices, official data showed on Monday, reinforcing expectations of another intere
Asharq Al Awsat
04/12/2025
Bitcoin's plunge below $85,000 this week has sent a shudder through global cryptocurrency markets, erasing billions in value and reigniting concerns over the sector's fragility.
The world's
Khaleej Times
03/12/2025
The Prada Group announced Tuesday that it has officially purchased Versace in a $1.37 billion deal. The move takes the fashion house known for bold, sensual silhouettes into a new ownership structure
Gulfnews
02/12/2025
Manufacturing was weak in Europe and Asia's biggest economies in November, business surveys showed on Monday, as subdued domestic demand and tariff uncertainties weighed. The eurozone, China and Jap
Reuters
Financial Information Co.
Saudi Arabia