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UK factory order books strongest since 2015, but costs growing, says CBI

Survey suggests little concern about outlook for Britain's relationship with the EU post Brexit

Published Wed, Jan 25, 2017 · 09:50 PM

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    London

    BRITISH manufacturers are enjoying their strongest orders in nearly two years but their costs are rising sharply following last year's "Brexit" vote which pushed down the value of sterling, a survey showed on Wednesday.

    In the latest sign of how Britain's economy has so far withstood the shock of June's vote to leave the European Union, the Confederation of British Industry's (CBI) monthly industrial orders balance rose to +5 in January from zero in December.

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