Economy Lifts in Run-Up to Christmas

The HeraldJanuary 20, 2006

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Summary


FINDINGS from the latest quarterly survey by the British Chambers of Commerce suggest economic activity in the UK improved modestly in the threemonth run-up to Christmas.

The survey said its reading on domestic manufacturing sales rose to a positive balance of 13per cent in the fourth quarter of last year, while domestic sales by services companies rose five points to 18per cent. However, sales of manufactured exports declined during the period, providing further evidence that the pick-up in economic activity in Europe is failing to stimulate demand from the UK.

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Extract


Economy Lifts in Run-Up to Christmas

Although service sector export sales improved to 10per cent in ...

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