Factory orders fall due to rising import costs and Brexit uncertainty

The CBI said its monthly survey of manufacturers revealed a slowdown in orders driven by the food and drink sector

British factory orders grew in September at their weakest rate since April as rising import costs and uncertainty surrounding Brexit negotiations dented business confidence.

The CBI said its monthly survey of manufacturers revealed a slowdown in orders that dragged back its measure for new contracts to +7 from +13 in August.

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