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%)
Foreign Investment in Iraq Reaches $100 Billion in Two Years

14/11/2025

Iraqi Prime Minister Mohammed Shia al-Sudani said on Saturday that foreign investments in his country in the past two years have reached $100 billion in various fields.

He told a business ev

Asharq Al Awsat

IMF Sees Signs of US Economic Strain but Lack of Data Due to Shutdown Clouds Picture

14/11/2025

The International Monetary Fund is seeing signs of strain in the US economy with fourth-quarter growth likely decelerating from previous forecasts, but a lack of data due to the government shutdown h

Asharq Al Awsat

Toyota opens US battery plant, confirms $10bn investment plan

13/11/2025

Toyota Motor Corporation has begun production at its $13.9bn North Carolina battery plant as it ramps up hybrid production and confirms plans to invest $10bn over five years in United States manufact

Aljazeera.com

Trump signs spending bill to end longest US gov't shutdown in history

13/11/2025

United States President Donald Trump has signed a federal government spending bill less than two hours after the House of Representatives passed it, bringing an end to the longest government shutdown

Aljazeera.com

German experts slam spending plans, cut GDP forecast

13/11/2025

Germany is using a massive fund for the wrong purposes and it risks providing just a minor boost to the struggling economy, experts warned Wednesday, as they cut their 2026 growth forecast.

AFP