Manufacturers expect growth

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Manufacturers’ orders and output are expected to grow in the next three months, despite orders falling and output remaining flat in the three months to October, says the Confederation of British Industry.

The CBI says the outlook for output, orders employment and investment appears to have held up.

Anna Leach, CBI Head of Economic Analysis, added: “UK companies are increasingly concerned by political and economic conditions abroad, whether it is ongoing weakness and uncertainty in the Eurozone or the approaching fiscal cliff in the US.”