Brexit surveys weigh outlook for UK economy

Sterling ticked higher yesterday against the euro after UK surveys suggested that orders for British manufacturing exports had risen following a Brexit-induced slump in the pound, and that UK consumers were spending more.
Brexit surveys weigh outlook for UK economy

The Confederation of British Industry said its measure of overall factory orders dipped slightly in August, but export orders improved to their highest since August 2014.

Manufacturers were more optimistic as output expectations for the next three months rose.

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