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Manufacturing management in Britain ''appears to be paying off''

6 June 2011
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Manufacturing management in Britain ''appears to be paying off''The work of those involved in manufacturing management is seemingly having the desired effect, after positive figures for the sector were released.

Reuters reports that UK-based production firms enjoyed a successful second quarter and fully expect trade to remain brisk over the coming months.

Figures from the Engineering Employers' Federation's (EEF) quarterly Manufacturing Outlook showed manufacturing to be one of the few bright spots in the British economy.

A total of 30 per cent of companies said they had experienced a rise in new orders during the period in question, up from 20 per cent in the last survey.

EEF chief economist Lee Hopley told the news source: "Providing buoyant demand from overseas markets holds firm, we should see growth maintained through the rest of the year."

HSBC Commercial Banking last week revealed its belief that the manufacturing and hi-tech industries are set for a revival in the coming years.ADNFCR-3058-ID-800569155-ADNFCR
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