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.

Activity in the sector slid 3.3% quarter on quarter in the three months to November.