British manufacturing hit by currency strength

British manufacturing has been hit by sterling's strength according to latest data.

British manufacturing has been hit by sterling's strength according to latest data.

The sector has seen its biggest decline in more than 12 months as output fell by 0.6% in the first two months of the year.

In the three months to December 2003, output declined by 0.3%.

More worryingly, was the description of the decline as widespread and indications that the future trend was 'flat', according to the Office of National Statistics in England.

Britain's services sector performed well up to March while financial services recorded their sharpest rise in optimism about business conditions in five years.

More in this section

The Business Hub
Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Sign up
Puzzles logo
IE-logo

Puzzles hub

Visit our brain gym where you will find simple and cryptic crosswords, sudoku puzzles and much more. Updated at midnight every day.

Lunchtime
News Wrap

A lunchtime summary of content highlights on the Irish Examiner website. Delivered at 1pm each day.

Sign up
Revoiced
Newsletter

Our Covid-free newsletter brings together some of the best bits from irishexaminer.com, as chosen by our editor, direct to your inbox every Monday.

Sign up