Slow Recovery Predicted by Cbi ; Economy Today: Economy

The JournalOctober 22, 2009

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Summary


THE CBI has warned that the recovery from the downturn will be "protracted and weak" despite optimistic signs and some support for exports from a weaker pound.

A 46% balance of firms have reported lower export orders - the same result as September - although confidence over export prospects for the year ahead among manufacturers is at its highest since June 1995.

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Extract


Slow Recovery Predicted by Cbi ; Economy Today: Economy

The CBI's quarterl...

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