A renewed rush to stockpile ahead of another aborted Brexit deadline limited los...
LONDON - A renewed rush to stockpile ahead of another aborted Brexit deadline limited losses for British manufacturers last month, though not by enough to prevent a sixth month of contraction, a survey showed on Friday.
Britain will also hold an early national election on Dec. 12 as Prime Minister Boris Johnson tries to break the Brexit deadlock. The latest official figures show that factory output fell by 1.7% in the year to August, and the Confederation of British Industry said last week that manufacturers reported the bleakest outlook since 2009.
“Output and new orders fell despite short-term boosts from stock-building activity in advance of the October 31 Brexit deadline, which included a rise in exports as clients in the EU sought to mitigate supply risk.”
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