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Bloomberg
British manufacturers recovered slightly in August but export demand remains weak, according to a survey by the Confederation of British Industry.
Small to medium businesses suffered more than large ones. Around half of those with fewer than 500 employees said order numbers were below par, compared to just 6% of larger companies. Industrial output was dragged heavily by paper, printing and media sub-sector, but boosted by pharmaceuticals and plastics, which reported gains.
Manufacturing has been hit particularly hard by the looming prospect of Britain leaving the European Union without alternative trading arrangements in place.