UK small manufacturers gloomiest since Brexit referendum – CBI

LONDON (Reuters) - Small British manufacturing firms are their most pessimistic since just after the Brexit referendum in 2016 as they face political uncertainty at home and trade wars abroad, according to a survey published on Wednesday. The Confederation of British Industry's gauge of optimism for small and medium-sized manufacturers fell to -32 in the three months to the end of October, down from -28 in the three months to July. Companies reported weak new orders - especially from clients in Britain - and little enthusiasm to raise investment spending.

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