English>

Market News

UK manufacturers hit by weak export orders in April, CBI survey shows - REUTERS

APRIL 24, 2025

LONDON, April 24 (Reuters) - The downturn in British factory orders eased only slightly in April, with new export business sliding sharply amid a global trade war, the Confederation of British Industry said on Thursday.

The CBI's monthly balance for manufacturing new orders rose this month to -26 from -29 in March. While marking a five-month high, it still signalled a sharp contraction.

The export orders index sank to -41 from -29, its lowest level since September 2024. A survey from S&P Global on Wednesday also showed a severe drop in business from abroad, with tariffs levied by the United States a key factor.

SEE HOW MUCH YOU GET IF YOU SELL

NGN
This website uses cookies We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners who may combine it with other information that you've provided to them or that they've collected from your use of their services
Real Time Analytics