HACKED!!!

Read more...

Breaking news from the BBC Paper tax returns to be replaced by digital by 2020

Read more...

Chancellor George Osborne delivers his last budget before the General Election

Read more...

HM Revenue & Customs advisory mileage rates

Read more...

Party Political donation avoided £1.5m tax bill

Read more...

Compliance Checks to be Trialled in Southampton. 20/05/2011

Read more...

Contact Us
News Items
Tax Tips

Great with People
Brilliant with numbers
Clear and precise with words
 


Call us now on 023 8083 6900 ABDS Home

News - 27 April 2012

UK manufacturing activity picking up and firms more optimistic.

This is according to the CBI quarterly Industrial Trends Survey.

Of the 394 manufacturers who responded, 35% said that total orders rose, while 26% said that they fell. The resulting balance of +8%, shows that total orders increased modestly in the three months to April, returning to growth rates similar to those seen in the second half of 2011.

Output also showed modest growth in the quarter to April, with a balance of +5%.

The balance of firms reporting they were more optimistic about the general business situation than three months ago (+22%) was at its highest since April 2010 (+24%).

The survey also looked forward over the next three months, with manufacturers expecting both output and orders to grow. It also showed that firms are planning on spending more on innovation and training – both of these show levels not seen since the late 1990’s.

Firms expect to increase headcount in the coming three months (+16%), after an increase in numbers employed in the three months to April (+8%) for the seventh successive quarter.

If you have any questions or wish to make a comment about this or any other of our articles, please do not hesitate to contact us

ABDS of Southampton. For all of your Financial and Business Development requirements

Great with People  Brilliant with numbers Clear and precise with words

« Back to News