BUSINESSNEWS
STRONG OUTLOOK FOR
MANUFACTURING SECTOR
Activity in the UK manufacturing sector
remained solid in May, and output is
expected to rise strongly in the next three
months, the latest CBI Industrial Trends
Survey shows.
Output volumes continued to grow at the
same rate as in the previous two months,
and with stronger growth anticipated for the
coming quarter.
The survey of 437 manufacturers found that
total order books remained well above the
long-run average. Export orders fell below
normal, mainly driven by the chemicals and
automotive sectors, but remained strong by
historical standards.
Katja Hall, CBI Deputy Director-General,
said:
“Overall, the manufacturing sector continues
to perform well. Output growth is on an
upward trend, with firms expecting an even
stronger rise in the next three months.
“Inflationary pressures are under control,
with firms now expecting only a slight rise in
the selling prices of their goods.
“The recent rise in Sterling, coupled with a
tepid recovery in the Eurozone could weigh
Cornwall Glass
Fund Makes It’s
second Wave
Of Grants
£13,700 was awarded to 14 charities
and community groups across Cornwall.
The Cornwall Glass Fund,
Cornwall Glass & Glazing’s
charitable fund, held by
the Cornwall Community
Foundation, has joined
together to grant its 2nd wave
of funding.
The grants have been awarded
to community and charity
projects which specifically focus
upon mental health, children
and community benefits, all of
which can bring a sustainable
difference to our county and
help support worthy projects.
The Cornwall Glass Fund
was set up five years ago by
Cornwall Glass & Glazing Ltd,
where it was the company’s
long term ambition to be
able to set up a charity, to
contribute and support its
surrounding community.
The combination
of the two waves of
106
JUL 2014
‘grants to no less
than 36 charity and
community groups’
grants in the past two years has
provided grants to no less than
36 charity and community
groups across Cornwall with
a total of £31,000 being
awarded.
www.cornwallglass.co.uk
on export demand. As the UK’s economic
recovery gains a firmer footing