Uk's Order Books in Bad Shape Few Crumbs of Comfort to Be Found in Manufacturing Survey From Cbi

Summary


UK manufacturers' order books remain in grim shape this month, according to a survey yesterday from the Confederation of British Industry which added to hopes of further cuts in interest rates.

The weak survey helped push sterling below [dollars]1.80 - with the pound down about two-and-aquarter cents on its Wednesday close in London at [dollars]1.7903.

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Uk's Order Books in Bad Shape Few Crumbs of Comfort to Be Found in Manufacturing Survey From Cbi

Although the dollarwas being pushed higher by bets on the foreign exchanges that Hurricane Rita might not be as damaging as feared, the pou...

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