UK manufacturers’ confidence slumps after Brexit

London – Business confidence among UK manufacturers’ has fallen sharply following the European referendum, according to a new report from manufacturers’ organisation the EEF, and BDO, an accountancy and business advisory firm.

According to the report, issued 29 July, every region suffered a decline in optimism with the biggest falls recorded in north east England, London and Wales.

The annual Regional Manufacturing Outlook report used survey data and the latest Office for National Statistics figures on the current status of the UK manufacturing sector.

Average confidence, it found,…

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