Britain’s manufacturers are seeing a rebound in activity in the first quarter of the year as the domestic and global markets improved.The latest Make UK/BDO Q1 Manufacturing Outlook survey shows a marked pick-up on the picture in the final quarter of 2022. The figures echo the gradual improvements in other data such as the UK and European PMIs which are now only just in negative territory, as well as a strong pick-up in demand from China. Most notably, the improvement was driven by strong demand in the mechanical equipment and electronics sectors.
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