Market News
Severe UK factory downturn eases marginally in January, CBI says - REUTERS
Jan 23 (Reuters) - A sharp downturn in British factories eased only slightly in January and optimism among manufacturers sagged to its lowest level in over two years, an industry survey showed on Thursday.
The Confederation of British Industry's monthly order book gauge improved in January to -34 from -40 in December, which had been a more than four-year low.
The CBI's quarterly gauge of business optimism fell in the first quarter of 2025 to its lowest level since late 2022.