A Boost for the British Manufacturing Industry

Earlier this month, there were predictions from EEF that the British manufacturing industry will grow 2.7%, which is more than any other country in Europe, including France and Germany.

This is huge news because the Manufacturing sector accounts for 10 percent of the UK economy. In terms of expectations the balance is certainly an improvement, and it’s 52% up from the expectations last year.

Of course it is important to remember that this is merely a prediction, but it’s a subtle reminder that the UK economy may well be recovering.