Huge slump in UK manufacturing

Manufacturing's torment deepened in the UK after official figures showed output in the sector slumped 2.9% in November 08.

Manufacturing's torment deepened today in the UK official figures showed output in the sector slumped 2.9% in November 08.

The UK Office for National Statistics data was much worse than expected and represent the ninth consecutive month of decline and the worst run since 1980.

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