UK manufacturers have seen output surge three times faster than orders in the last quarter, with business confidence indicators also starting to show the first signs of a more stable economic backdrop after years of global and domestic uncertainty. The findings come in the Q4 Manufacturing Outlooksurvey published by Make UK and business advisory firm BDO. According to Make UK, it is extremely rare for output to surge faster than orders to this degree. It last occurred when companies were stockpiling ahead of a potential ‘no deal’Brexit at the end of 2019. The survey gauged the responses of 303 companies.
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